Examination

As a self-regulatory organisation with a mandate to uphold market integrity, improve credibility and confidence in the Nigerian OTC markets, FMDQ is committed to upholding professional principles of trade and best business practices in the Nigerian OTC markets, through the OTC Exchange’s rule making, examination and enforcement responsibilities.

FMDQ Examination is its regulatory function with respect to monitoring market activities; examining the conduct of Members’, their Authorised Representatives and other market participants; investigation of possible breaches of FMDQ Rules, post-listings/quotations compliance and enforcement of sanctions on defaulting Members; to maintain an open, fair, transparent and efficient market, in accordance with international standards and best practices.

These regulatory activities are carried out via Market Surveillance & Enforcement, Members’ Examination & Investigation and Listings & Quotations Compliance.