Tuesday, November 12, 2019 / 1:46 PM / Ottoabasi Abasiekong for Proshare WebTV / Header Image Credit: WebTV
Stanbic IBTC, a leading Deposit Money Bank in Nigeria, emerged the Primary and Secondary markets award winners at the second edition of the FMDQ Gold Awards in Lagos recently.
The FMDQ Gold Awards was instituted to showcase principal market participants driving development through their activities in the Fixed Income Securities markets, thereby making them Globally Competitive, Operationally Excellent, Liquid and Diverse.
The event was a gathering of forefront stakeholders in Nigeria's financial markets alongside key market regulators.
The event which was graced with the presence of the Governor of Lagos State, Mr. Babajide Sanwoolu, also had in attendance the Acting Director-General of the Securities and Exchange Commission (SEC), Ms Mary Uduk, the Director-General of the Debt Management Office (DMO), Ms Pat Oniha and the Special Adviser to Central Bank of Nigeria (CBN) on Financial Market, Mr Emmanuel Ukeje.
Governor Babajide Sanwoolu, in his remarks, commended the FMDQ Securities Exchange for the role it has played in developing the fixed income, debt and derivatives market in the country.
He tasked market dealers to come up with products that can support the economic development objectives of Lagos and other Sub-nationals in the country, that will uplift millions of Nigerians out of poverty.
Highlights of the event were the FMDQ Next 2019 Class of students from various primary schools who wowed guests, partners, stakeholders and regulators with their knowledge of bonds, treasury bills, derivatives, central counterparty clearing, mutual funds, amongst other market concepts and terminologies.
The colourful event also featured celebrity star performances from Simi and Beejay Sax with Tee A (ace comedian) and Kate Henshaw (Nollywood actress) as co-anchors.
Governor Babajide Sanwoolu received the FMDQ Market Enabler award for his support to the market since he assumed office on May 29, 2019.
Below is the full list of the nominees and winners at the FMDQ Gold Awards;
Primary Market Awards
Largest Corporate Bond Issuer on FMDQ
Largest Commercial Paper Issued on FMDQ
Largest Fund Manager on FMDQ
Most Market Impacting Issuer on FMDQ
FMDQ Registration Member (Listings)
FMDQ Registration Member (Quotation)
Debt Capital Market Solicitors
Debt Capital Markets Financing for Infrastructure Development
Overall Primary Market Champion - Stanbic IBTC Bank PLC
Secondary Market Awards
FMDQ Fixed Income Market Liquidity Provider
FMDQ Money Market Liquidity Provider
FMDQ FX Market Liquidity Provider
FMDQ OTC FX Futures Bank
Most Active Corporate (Domestic) in the FX Futures Market
Most Active Corporate (Foreign) in the FX Futures Market
FMDQ Member Compliance
Secondary Market Award Overall Winner- Stanbic IBTC Bank PLC
FMDQ Members & Clients' Choice Awards
Financial Services Regulator Market Transformation Initiative
Best Brokerage Service
Most Active Buy-Side Participant In Fixed Income Market
Most Active Corporate in the FX Market
Most Active Foreign Portfolio Investor in the Fixed Income and Currency Markets
FMDQ Capital Market Catalyst
FMDQ Market Enabler