The Order-Based Two-Way Quote FX Market and FMDQ’s 2015 Strategic Initiatives. Following the recent developments in the Nigerian Foreign Exchange (FX) market, there has been a need to temporarily redefine the standards by which the market will operate. Joining CNBC Africa, Bola Onadele. Koko, MD/CEO of FMDQ OTC PLC shares more insight into this as well as FMDQ’s 2015 strategic initiatives for the market.