Bonds & Fixed Income | |
Bonds & Fixed Income | |
15608 VIEWS | |
![]() |
Wednesday,
August 07, 2019 /05:06PM / By FMDQ / Header Image Credit: FMDQ
We
are pleased to inform you of our Company’s transition from an OTC Market to a
full-fledged Securities Exchange, having received the necessary approvals from
the apex regulator of the Nigerian capital market, the Securities and Exchange
Commission (SEC or the Commission). Consequently, the erstwhile FMDQ OTC
PLC, also previously known as FMDQ OTC Securities Exchange, has
now changed its name to FMDQ Securities Exchange PLC (FMDQ
Exchange or the Exchange).
The Exchange, following due process, has activated and operationalised two (2)
wholly-owned subsidiaries - FMDQ Clear Limited (FMDQ Clear)
and FMDQ Depository Limited (FMDQ Depository), positioned
to provide efficient post-trade services, amongst others, for the Nigerian
financial market, thus making FMDQ a one-stop Financial Market Infrastructure
(FMI) Group and an integrated platform to execute, clear and settle financial
market transactions.
In view of the above, a new Logo has been unveiled, on August 5, 2019, for the
FMDQ entities - FMDQ Exchange, FMDQ Clear and FMDQ
Depository - replacing each of their individual identities. The
new FMDQ Logo, whilst maintaining its vibrant colours – deep blue,
depicting trust, confidence, depth and stability; bright gold,
showing off passion, value, prestige, quality and prosperity; and a touch of
cool grey, representing conservativeness, professionalism
and sophistication, communicates FMDQ’s drive to “consistently
move forward”.
As a stakeholder of FMDQ and the Nigerian financial markets, this update is for
your information. Kindly update all records accordingly. We are excited about
the opportunities ahead, and with your continued collaboration, remain
committed to our transformation agenda and quest to align the Nigerian
financial markets with global standards and best practices.
Related News
1.
FMDQ
OTC Holds 7th AGM, Achieves 22% Turnover From Trading Activities in 2018 FY
2.
DMO
Lists FRN Dual-Tranche $2.5bn and Triple Tranche $2.86bn Eurobond on FMDQ OTC
3.
British
Deputy High Commissioner Lauds FMDQ For Its Role as An Innovative Financial
Market
4.
Access
Bank Lists Pioneer N15bn Nigerian Green Bond At FMDQ OTC
5.
FMDQ
Admits Mixta Real Estate (Nigeria) PLC Bonds and Commercial Papers
6.
FMDQ
Series II Roundtable Explores Role of Debt Market in Unlocking Nigeria’s
Housing Sector
7.
Proshare
Receives Special Recognition At The Inaugural FMDQ Gold Awards
8.
Stanbic
IBTC Shines at FMDQ OTC Inaugural Gold Awards