FMDQ In the News archive

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FMDQ Admits Exchange Traded Fund, The Vetiva S&P ETF, on Its Platform. As the financial markets wrap up activities for the year, FMDQ OTC Securities Exchange (“FMDQ” or the “OTC Exchange”), on December 29, 2016, admitted the pioneer listing of an Exchange Traded Fund – 5,070,359 units Units of the Vetiva S&P Nigerian Sovereign Bond […]


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FMDQ Welcomes N42bn Worth of Commercial Papers on its Platform … even as 2016 fiscal year comes to an end. As the year comes to an end, and the financial markets wind down to a somewhat inconspicuous close, reflecting the tension in the economic system and hopes for renewed policies and reforms to boost economic […]


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The 6th OTC FX Futures Contract Matures on FMDQ OTC Securities Exchange. The 6th OTC FX Futures contract, NGUS DEC 21 2016, with notional amount $477.45mm, matured and settled on Wednesday, December 21, 2016 on FMDQ OTC Securities Exchange; bringing the total value of contracts so far matured on the OTC Exchange to circa $1.53bn, […]


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FMDQ Provides Succor to Nigerian Corporates and Commercial Entities …as Sterling Bank launches N100bn Commercial Paper Programme. Barely a week into the listing of the Wema Funding SPV Bond, FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange) has welcomed the registration of the Sterling Bank PLC N100.00bn Commercial Paper (CP) Programme (the Sterling Bank […]


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FMDQ Holds Second ‘’Members Only’’ Bi-Annual Meeting for 2016. In recognition of the important role of network effects in any financial market system, and desirous of a continued and effective collaboration with its stakeholders, FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange) hosted major players in the FMDQ markets represented by the respective FMDQ […]


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Bond Issuers Seek Global Visibility and Improved Liquidity on FMDQ …as Wema Funding SPV Bond Lists on the Exchange. Coming shortly on the heels of the listing of the Sterling Investment Management SPV PLC Bond and the pioneer memorandum money market fund, the Greenwich Plus Money Market Fund, the Board Listings, Markets and Technology Committee […]


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