FMDQ Clear, Frontclear Partner To Deliver First-Class Clearing Structure In Nigeria

FMDQ Clear Limited and Frontclear have signed an agreement to jointly enhance Nigeria’s first central clearing house structure, with the support of a settlement guarantee fund. The collaboration is the culmination of a long-standing working relationship focused on improving how the Nigerian OTC financial market functions and follows-on an initial introduction via the International Capital […]


FMDQ Commemorate the Listing of Stanbic IBTC Dollar, Money Market and Bond Funds on its Platform

As a debt-capital focused securities exchange, championing and supporting market-driven initiatives aimed at providing liquidity and facilitating growth and development in the Nigerian financial markets, FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange), through its Board Listings, Markets and Technology Committee, admitted the listing of the Stanbic IBTC Dollar, Money Market and Bond Funds […]

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DMO Lists $300m Diaspora Bond, $3bn Eurobonds on NSE, FMDQ OTC

The Debt Management Office (DMO) Wednesday announced that it will list the $300 million Diaspora Bond and $3 billion Eurobonds on the Nigerian Stock Exchange and Financial Market Dealers Quotation Over-the-Counter (FMDQ OTC) Securities Exchange respectively today. The Diaspora Bond was issued in June while the $3 billion Eurobonds were issued in November at the […]

Companies Fake Poor Operating Positions To Seek Delisting…SEC

…As Commission Put Strigent Measure in Place To Check Further Abuse …Encourages Youth To Imbibe Saving Culture The Securities and Exchange Commission (SEC), has disclosed that listed companies have been found to fake operating positions to get regulatory approval to delist from the equities market. The Commission said to further checkmate such scenario from playing-up […]

FMDQ OTC posts ₦13.42tn turnover

FMDQ OTC Securities Exchange recorded ₦13.42tn worth of transactions in fixed income and currency markets in March. This is contained in the company’s market report on Monday in Lagos. The report showed that the turnover was 10.45 percent or ₦1.27tn, higher than the ₦12.15tn recorded in February. According to the report, transactions in Treasury Bills […]

FMDQ OTC records N20. 99tn transactions in two months

The FMDQ OTC Securities Exchange recorded N22. 99tn worth of transactions in fixed income and currency markets in the first two months of 2017. Market Turnover Report from the company on Monday indicated that the value was against N13.92tn recorded in the corresponding period in 2016. A breakdown of the new report showed that transactions […]