FMDQ In the News archive

Latest Posts

FMDQ Set to Commence Listing of Short-Term Bonds. As an innovation-driven Exchange focused on powering growth, through product and market development, FMDQ OTC Securities Exchange (”FMDQ” or “the Exchange”) had, following extensive consultations with stakeholders in the Nigerian financial market space, identified the funding gap for corporates, between the money market debt instruments such as […]


Read More

2nd OTC FX Futures contract, NGUS AUG 24 2016, with notional amount $152.48mm at $/N 310, matured and settled on FMDQ. In line with the OTC FX Futures Market Framework and the FMDQ OTC FX Futures Market Operational Standards, trading on the NGUS AUG 24 2016 contract ceased on Tuesday, August 16, 2016, and was […]


Read More

Mandatory Registration and Quotation of Commercial Papers on FMDQ. In line with its commitment to govern and uphold the integrity of the Nigerian financial market, the Central Bank of Nigeria (CBN), on July 12, 2016, released a guideline mandating all deposit money banks in Nigeria, effective July 11, 2016, to deal only in Commercial Papers […]


Read More

CBN Boosts FX Market Transparency. As the apex Bank directs banks to execute all FX trades with corporates on FMDQ-advised FX Trading and Surveillance Systems. In line with efforts geared towards the repositioning of the Nigerian foreign exchange (FX) market, and in its bid to promote transparency, professionalism and integrity in the market, the Central […]


Read More

FMDQ Releases OTC FX Futures Market Framework & Operational Standards. The release of the Revised Guidelines for the Operation of the Inter-Bank Foreign Exchange (FX) Market (the “Revised Guidelines”) by the Central Bank of Nigeria (CBN) on June 15, 2016 ushered in a new regime in the Nigerian FX market with the introduction of the […]


Read More

First OTC FX Futures Contract Matures on FMDQ. In the wake of the volatile state of the Nigerian FX market, the Naira-settled OTC FX Futures product was introduced by the Central Bank of Nigeria (CBN) to provide the much needed stability to the FX market by offering end-users (governments, corporates, investors, importers/exporters etc.) a means […]


Read More
1 2 3 4 5 14 Visit Archive