{"id":33560,"date":"2019-07-28T15:17:25","date_gmt":"2019-07-28T14:17:25","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=33560"},"modified":"2019-07-29T11:51:24","modified_gmt":"2019-07-29T10:51:24","slug":"fmdq-admits-n1-03tr-debts-securities-on-its-floor","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/","title":{"rendered":"2018: FMDQ Admits N1.03tr Debts Securities On Its Floor"},"content":{"rendered":"<p>FMDQ Securities Exchange Plc said it admitted a total of 78 debt securities worth N1.03 trillion in the year ended December 31, 2018, as against 50 securities valued at N236.9 billion in the previous year in 2017.<\/p>\n<p>The company also revealed plans to adopt a Holding Company structure after successfully adopting a new brand name (FMDQ Securities Exchange Plc) in the year under review.<\/p>\n<p>The Chairman, Dr. Okwu Joseph Nnanna, disclosed these at the company\u2019s 7th Annual General Meeting, AGM, in Lagos, saying that the Federal Government of Nigeria\u2019s Sukuk and Green Bond valued at N110.69 billion were admitted, while Lagos State Government Series 11 Tranche A and B bonds valued at N85.14 billion and 60 Commercial Papers (CPs) worth N505.30 billion were listed on the platform during the year under review.<\/p>\n<p>He stated that the Exchange engaged in strategic collaborations in 2018 to promote the Nigerian Debt Capital market as a source for long term finance as well as develop the Nigerian green bond market.<\/p>\n<p>According to him, the Exchange completed the registration of its central clearing and settlement house \u2013 FMDQ Clear, and also launched a proprietary market system (FMDQ Q-ex), a fully integrated multi-asset trading system with post trade services\u2019 capabilities. He said FMDQ Derivatives Market Development project was also launched to develop a more vibrant derivatives market in Nigeria.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>\u201cFollowing the successful operationalization of its wholly owned central clearing house subsidiary in 2018, the company will now focus on further strengthening the clearing and settlement franchise, operationally and strategically, and enhance its readiness to operate a full-fledged central counterparty in 2019. The objective would be to further boost its value delivery to the fixed income, foreign exchange and derivative markets,\u201d he said.<\/p>\n<p>Laying the financial performance before the members, Nnanna said the company\u2019s revenue jumped by 423.81 percent to N13.25 billion, while its profit before tax soared by 1,960 percent to N7.21 billion following the diversification and expansion of the business to incorporate clearing and settlement services. Turnover, according to him, rose by 22 percent to N182.62 trillion during the year.<\/p>\n<p>Mr. Bola Onadele.Koko, Managing Director\/CEO, FMDQ, speaking at the event, said: \u201cThe strategic horizon for FMDQ in 2019 is the integration of our market with external markets with a focus on consolidating operations across the full value chain of the financial market, to operate a fully diversified and integrated financial market infrastructure group, offering execution and settlement opportunities to market stakeholders.<\/p>\n<p>\u201cIn line with FMDQ\u2019s market integration agenda, 2019 will see full operationalization of the dealing member specialist market to reduce fragmentation and further consolidate the market, as well as foster retail participation in the fixed income space.\u201d<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>FMDQ Securities Exchange Plc said it admitted a total of 78 debt securities worth N1.03 trillion in the year ended December 31, 2018, as against 50 securities valued at N236.9 billion in the previous year in 2017.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":16295,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17,624],"tags":[1189],"coauthors":[2391],"class_list":["post-33560","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-fmdq"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2018: FMDQ Admits N1.03tr Debts Securities On Its Floor - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2018: FMDQ Admits N1.03tr Debts Securities On Its Floor - National Wire\" \/>\n<meta property=\"og:description\" content=\"FMDQ Securities Exchange Plc said it admitted a total of 78 debt securities worth N1.03 trillion in the year ended December 31, 2018, as against 50 securities valued at N236.9 billion in the previous year in 2017.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-28T14:17:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-29T10:51:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/FMDQ-OTC55.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"982\" \/>\n\t<meta property=\"og:image:height\" content=\"775\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/FMDQ-OTC55.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/FMDQ-OTC55.jpg\",\"width\":982,\"height\":775,\"caption\":\"FMDQ-OTC55\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/\",\"name\":\"2018: FMDQ Admits N1.03tr Debts Securities On Its Floor - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#primaryimage\"},\"datePublished\":\"2019-07-28T14:17:25+00:00\",\"dateModified\":\"2019-07-29T10:51:24+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2018: FMDQ Admits N1.03tr Debts Securities On Its Floor\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2018: FMDQ Admits N1.03tr Debts Securities On Its Floor - National Wire","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/","og_locale":"en_US","og_type":"article","og_title":"2018: FMDQ Admits N1.03tr Debts Securities On Its Floor - National Wire","og_description":"FMDQ Securities Exchange Plc said it admitted a total of 78 debt securities worth N1.03 trillion in the year ended December 31, 2018, as against 50 securities valued at N236.9 billion in the previous year in 2017.","og_url":"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/","og_site_name":"National Wire","article_published_time":"2019-07-28T14:17:25+00:00","article_modified_time":"2019-07-29T10:51:24+00:00","og_image":[{"width":982,"height":775,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/FMDQ-OTC55.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/FMDQ-OTC55.jpg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/FMDQ-OTC55.jpg","width":982,"height":775,"caption":"FMDQ-OTC55"},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/","name":"2018: FMDQ Admits N1.03tr Debts Securities On Its Floor - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#primaryimage"},"datePublished":"2019-07-28T14:17:25+00:00","dateModified":"2019-07-29T10:51:24+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/fmdq-admits-n1-03tr-debts-securities-on-its-floor\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"2018: FMDQ Admits N1.03tr Debts Securities On Its Floor"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/33560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=33560"}],"version-history":[{"count":2,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/33560\/revisions"}],"predecessor-version":[{"id":33576,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/33560\/revisions\/33576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/16295"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=33560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=33560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=33560"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=33560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}