Milestones

Milestones

2022

  • FMDQ Holdings PLC Becomes “FMDQ Group PLC
  • FMDQ Group becomes full Member of WFE and  Observer Member of ICMA Green Bond Principles

2021

  • FMDQ Clear Limited Becomes an Observer Member of CCP12 – The Global Association of Central Counterparties
  • Receives SEC’s Approval of FMDQ Derivatives Market Rules and FMDQ Clearing Member Rules
  • FMDQ Private Markets and Oxford Foundry, University of Oxford, Activate Pioneer Global Partnership
  • 4th FMDQ GOLD Awards
  • FMDQ Group becomes full Member of WFE and  Observer Member of ICMA GBP

2021

  • FMDQ Private Markets Recognised by CBN as a Platform for Capital Formation for Private Companies
  • FMDQ Group Becomes an Associate Member of Futures Industry Association
  • FMDQ Exchange Admits the Listing of the Largest Corporate Bond in the Nigerian Debt Capital Market, BUA  Cement PLC ₦115.00bn
  • FMDQ Clear Receives SEC’s Approval, Becomes Nigeria’s Foremost Central Counterparty
  • FMDQ Exchange executes Listing Agent and Corporation Agreement
  • Launch of FMDQ Premier Green Exchange 

2020

2020

  • Launch of FMDQ-Next Virtual Financial Literacy
    Series
  • FMDQ Group Unveiled Winners of 3rd Annual GOLD Awards
  • FMDQ Clear landmarks as Nigeria’s premier CCP
  • 9th Nigerian Senate Committee on Capital Market Visits FMDQ
  • Admission of the largest corporate bond and the largest CPs on FMDQ Depository: ₦100.00bn  Dangote Cement PLC Bond; and the ₦100.00bn MTN Nigeria Communications PLC CP
  • CBN and FMDQ introduce Long-Dated OTC FX Futures Contracts for up to 5 Years

2020

  • Reorganisation of FMDQ into a Holding Company  Structure  comprising:
– FMDQ Securities Exchange Limited
– FMDQ Clear Limited
– FMDQ Depository Limited
– FMDQ Private Markets Limited
 
  1. FMDQ Exchange publishes Statement of Compliance to IOSCO’s Principles for Financial Benchmark
  2. AFEX Commodities Exchange Limited and FMDQ Group Sign MoU to Promote Product Innovation
  3. FMDQ Group Becomes a Member of FinTech Association of Nigeria
  4. FMDQ Group wins two (2) Awards at the 8th Annual BusinessDay BAFI Awards
    – Best Integrated Financial Market Infrastructure Provider of the Year
    – Best Liquidity Solutions Provider/Multilateral Trading Facility of the Year

2019

2019

  • Listing of First Corporate Green Bond
  • Launch of FC4S Lagos
  • Nigerian Capital Markets Conference & GOLD Awards
  • Operationalisation of FMDQ Depository
  • FMDQ Depository Registered by SEC
  • Appointment as the FC4S Lagos Secretariat
  • Admission to ISDA 

2018

2018

  • Admitted as an Affiliate Member of IOSCO
  • FMDQ Host British Prime Minister and Business Leaders
  • Launch of FMDQ’s Flagship Corporate Responsibility Programme – FMDQ-Next 
  • Launch of FMDQ’s New Office Complex – Exchange Place
  • Activation of Q-ex/CBN S4 Integration 
  • Launch of Nigerian Green Bond Market Development Programme
  • Operationalisation of FMDQ Clear Limited
  • FMDQ’s 1st Lustrum
  • Incorporation of FMDQ Depository Limited
  • Maiden FMDQ GOLD Award

2017

2017

  • FMDQ Clear Limited Registered by SEC
  • Pioneer Listing of FGN Eurobond on
    FMDQ Exchange
  • SEC Approval of FMDQ Exchange Sukuk Listing Rules
  • Launch of Private Companies’ Bonds Noting Service
  • Wins BusinessDay 2017 Award for Most Innovative in the Financial Markets
  • Attained Affiliate Exchange of the WFE

2016

2016

  • Launch of FMDQ Exchange Price Ticker Tape On Channels TV
  • SEC Approval of STB Rules & Process
  • Launch of FMDQ Academy
  • Launch of DCMD Project
  • MoU Execution with NMRC
  • Launch of Naira-settled OTC FX Futures Market
  • FMDQ Exchange Partners with PenCom towards Improved Governance

2015

2015

  • Commencement Of Quotation Of Nigerian Treasury Bills & Commercial Papers
  • Admission to ASEA and ICMA
  • Commencement of Listing of FGN & Corporate Bonds

2014

2014

  • Licencing Of Dealing Member (Banks)
  • SEC Approval of FMDQ  Bond Listing & Quotation Rules
  • Release of FMDQ  CP Quotation Rules &
    Process
  • NIBOR Reform Licencing of Dealing Member (Banks)

2013

  • Launch of FMDQ OTC PLC
  • Introduction of FMDQ OTC PLC’s Flagship Daily Quotations List

2012

  • FMDQ OTC PLC Registered by SEC

2011

  • FMDQ OTC PLC Incorporated

Definitions

  • SEC – Securities and Exchange Commission
  • WFE – World Federation of Exchanges
  • ASEA: African Securities Exchanges Association
  • ICMA: International Capital Markets Association
  • FGN – Federal Government of Nigeria
  • MoU – Memorandum of Understanding
  • NIBOR – Nigerian Inter-bank Offered Rate
  • DCMD –Debt Capital Markets Development
  • CP – Commercial Papers
  • STB – Short-Term Bonds
  • S4 – Scripless Securities Settlement System
  • PenCom – National Pension Commission
  • NMRC – Nigeria Mortgage Refinance Company
  • OTC – Over-the-Counter
  • FX – Foreign Exchange
  • BAFI – Banks and Other Financial Institutions
  • IOSCO – International Organisation of Securities Commissions
  • ISDA – International Swaps and Derivatives Association
  • FC4SL – Financial Centre for Sustainability, Lagos
  • CBN – Central Bank of Nigeria
  • CCP – Central Counterparty
  • FMDQ-Next –FMDQ Next Generation Financial Markets Empowerment Programme
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