FMDQ launches market for fixed income trading

FMDQ OTC Securities Exchange has launched what it called ‘Dealing Member (Specialists) Market’ for trading in fixed income with banks in the Nigerian debt capital market. It said the market development initiative came on the back of the fragmentation identified in the fixed-income market. According to the FMDQ, the market will provide seamless integration of the fixed income inter-bank market and the securities dealers that are members of the newly created membership category. –PUNCH Read More: