In recognition of the contributions made by FMDQ OTC Securities Exchange (“FMDQ” or the “OTC Securities Exchange”) to the development of the Nigerian financial markets, the OTC Securities Exchange bagged the ‘Most Innovative in Financial Markets’ award at the first BusinessDay Top 25 Most Innovative Companies & Institutions in Nigeria Awards 2017, held on April 28, 2017.

BusinessDay Media acknowledged that FMDQ’s visionary stride in pioneering and successfully operating the Naira-settled OTC FX Futures Market; the FMDQ Academy; the Debt Capital Market Development (DCMD) project; amongst others; has provided ground-breaking advancements that have resulted, in no small measure, in commercial and socio-economic impact, as well as value creation for Nigeria.

As an innovation-driven OTC Securities Exchange, this award validates FMDQ’s efforts in transforming the Nigerian financial markets through product and market innovation. Determined not to rest on its laurels, FMDQ will continue to challenge the norm and explore new frontiers in fulfillment of its mission to empower the financial markets to be innovative and credible, in support of the Nigerian economy.