FMDQ Group PLC (“FMDQ Group”), has evolved over the years from an OTC Market to a full-fledged Securities Exchange, to a budding financial market infrastructure (“FMI”) Group, now structured as a Securities and Exchange Commission (SEC)-registered Capital Market Holding Company, warehousing five (5) wholly owned subsidiaries, including FMDQ Securities Exchange Limited (Nigeria’s largest Exchange by Market Turnover – with an annual average of c. ₦166 trillion over the last eight (8) years), FMDQ Clear Limited (Nigeria’s only operating Central Counterparty – with c. $60 billion derivatives contracts cleared), FMDQ Depository Limited (Nigeria’s integrated Securities Depository), FMDQ Private Markets Limited (Nigeria’s Private Capital Marketplace Organiser) and iQx Consult Limited (an Information Technology Services Company).
