Over-the-Counter Beat

NASD records positive returns on its index

July 1, 2016 // NASD OTC Plc  Culled—–Proshare The NASD OTC market closed the first half of the year with a growth of 13.29% on its Index. Despite the policy flip flops, exchange rate uncertainty and budget delay which faced the Nigerian economy, it recorded a growth at the end […]

OTC Trading: Turnover Down 37% to N12.73 Trillion in 2016 Y-t-D from N20.20 Trillion in 2015

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Over-the-Counter (OTC) trading activities total turnover recorded in 2016  year-to-date (y-t-d) stood at N12.73 trillion compared to N20.20trillion recorded in 2015; indicating a decline of 37 percent,  according to the latest FMDQ OTC Securities Exchange Financial Markets Review Reports March 2016. The report says […]

FMDQ Launches Dealing Member (Specialists) Membership for Fixed Income Trading

March 21, 2016/FMDQ FMDQ OTC Securities Exchange (FMDQ), with a vision of becoming No. 1 in Africa in the Fixed Income and Currency Markets by 2019, maintains its commitment to develop the Nigerian financial markets by implementing initiatives directed towards the achievement of this goal. In line with its desire […]