Market Bulletin

FMDQ OTC Market Bulletin
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These Market Bulletins are issued throughout the year and contain information on a number of regulatory issues ranging from the introduction of new regulations, consultation and confirmation of proposed changes to the regulations and guidance in relation to compliance with FMDQ OTC Securities Exchange. These Rules include Listing & Quotation Rules, Codified Rules Books, General Markets Rules, E-Bond Trading Rules, E-Bond Trading Infractions and Penalties Guide, Membership Agreements and any other rules and guidelines as may be made from time to time.

This segment also contains periodic circulars, notices, guidelines and other relevant information of financial markets regulators – Securities and Exchange Commission (SEC), Central Bank of Nigeria (CBN), Debt Management Office (DMO) etc.

Date ReferenceSummaryCategory
March 16, 2017MB-20Use of FX Forward Contracts for Access to the OTC FX Futures MarketMarket Regulation
January 17, 2017MB-19Approval of Short-Term Bonds Registration Process and Listing RulesMarket Regulation
January 13, 2017MB-18ASettlement of Clients' Spot FX Obligations in the OTC FX Futures MarketMarket Regulation
January 9, 2017MB-18Settlement of Clients' Spot FX Obligations in the OTC FX Futures MarketMarket Regulation
December 7, 2016MB-17FMDQ Disciplinary Process Market Regulation
October 25, 2016MB-16Further Guidance on the Application of the OTC FX Futures Market Operational StandardsMarket Regulation
September 7, 2016MB-15Development of Foreign Exchange Order Filling Methodology by Dealing Member (Banks)Market Regulation
August 23, 2016MB-14Treatment of Clients’ Collateral Margins and Margins Due to Clients for OTC FX Futures ContractsMarket Regulation
August 22, 2016MB-13Further Guidance on the Application of the OTC FX Futures Market Operational StandardsMarket Regulation
August 1, 2016MB-12Registration of FMDQ Dealing Member (Banks) with the Securities and Exchange CommissionMarket Regulation
July 27, 2016MB-11(R)Further Guidance on the Application of the OTC FX Futures Market Operational Standards (Revised)Market Regulation
July 22, 2016MB-10Exposure of Draft Private Companies Bonds Quotation RulesMarket Regulation
July 22, 2016MB-9Exposure of Draft Fixed Income Securities Investment Clients Services RulesMarket Regulation
March 30, 2016MB-8Revised Appeal Process for Penalties on Trading InfractionsMarket Regulation
March 23, 2016MB-7Complaints Management on FMDQ OTC Securities Exchange Market Regulation
April 17, 2015MB-6
Quick Tips - Placement of Firm Quotes For All Benchmark Securities on E-BondMarket Surveillance
Dec 22, 2014MB-5
Execution & Confirmation of FX Trades Between Dealing MembersRegulation
Aug 20, 2014MB-4
Reporting of Inaccurate and Incomplete DataRegulation
Aug 1, 2014MB-3
Disclosure of Infraction and Penalties in
Published Annual Reports and Accounts
Regulation
Jul 14, 2014MB-2Transactions with Brokers - Revised VersionRegulation
Jun 13, 2014MB-1Reporting of Voice TradesRegulation

Contact ✆

Office Address:
FMDQ OTC Securities Exchange
1 Olosa Street
Victoria Island
Lagos Nigeria
Phone:
+234 1-277-1719
+234 1-277-8771
Website: