NSE Releases Effective Date of New Rule on Direct Cash Settlement

Regulators
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Monday, January 04, 2016 05:43 PM / NSE

 

Please be advised that The Exchange has received the Securities and Exchange Commission’s approval to the Rule set out below.

The following Rule, which was approved by the SEC on 5 June 2014, has become effective on the date set forth beside it.

 

​Approved Rule

​Effective Date

Contact Persons

Direct Cash Settlement:

 

4 January 201​6​​

Mr. Ade Ewuosho
(
aewuosho@nse.com.ng)

Mr. Olufemi Shobanjo
(
oshobanjo@nse.com.ng)

Mr. Kenneth Nwafor
(
knwafor@nse.com.ng)

 

Please do not hesitate to seek clarification via electronic mail to any of the above mentioned persons or Mr. Oluwatoyin Adenugba (oadenugba@nse.com.ng) of our Rules and Interpretation Department if you have any questions regarding the foregoing. 

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