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FMDQ Exchange is charged with the responsibility of maintaining fair and orderly currency, debt capital and derivatives markets. As a self-regulatory organization (SRO) licensed by the Securities and Exchange Commission, the Exchange has established a comprehensive and effective regulatory and supervisory framework to regulate the FMDQ markets and its Members, which include deposit money banks, issuing houses, investment banking and securities dealing firms, inter-dealer brokers, securities brokers, institutional and individual investors, etc.
As part of its mandate to provide governance for the markets under its purview and in its capacity as an self-regulatory organization (SRO), FMDQ Exchange develops rules and provides guidance to its Members, their Authorised Representatives, and other financial market stakeholders.
Interpretive guidance is an effective means through which FMDQ can comment on topics of general interest to its market participants and communicate the principles driving the development of regulation, in order to create better understanding of the applicability of the regulation among its stakeholders.
As a self-regulatory organisation with a mandate to uphold market integrity, improve credibility and confidence in the Nigerian fixed income, currencies and derivatives markets, FMDQ Exchange is committed to upholding professional principles of trade and best business practices, through the Exchange’s rule making, examination and enforcement responsibilities.