Bank of Uganda Pays Courtesy Visit to FMDQ

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Bank of Uganda Pays Courtesy Visit to FMDQ. The FMDQ OTC PLC (FMDQ) team welcomed representatives of the Financial Market Department of the Bank of Uganda led by a delegate from the Nigerian Debt Management Office on a study tour to the OTC securities exchange.

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Desirous of further developing its bond market alongside building strategic alliances, the Bank of Uganda, sought to engage FMDQ, in its capacity as a frontline regulator for all (excluding equities) secondary market activities and a platform provider for the efficient listing, quoting and trading of bonds. Whilst acknowledging the impact of FMDQ in the Nigerian financial market landscape, with emphasis on technology as a key enabler of its activities, the representatives noted that effective collaboration with other domestic and international financial market infrastructures such as FMDQ will serve to foster active market development in the Ugandan financial market and encourage cross-border capacity building.

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