Post-Trade Services

We offer efficient workflows for clearing and ensuring finality of trade settlements through FMDQ’s wholly-owned SEC-registered subsidiary, FMDQ Clear Limited. As a crucial step towards vertical integration, this serves to ensure seamless processes, from trading through to settlement of transactions.

From reducing pre-settlement risks, enhancing productivity gains and optimising the allocation of resources amongst market participants, FMDQ’s post-trade activities include trade matching, risk management (margining), collateral management and settlement.

To facilitate seamless clearing and settlement of executed and/or reported Spot transactions and derivatives contracts on FMDQ’s platform, straight-through processing (STP) system connections are maintained with other key settlement entities, including the Central Bank of Nigeria, Central Securities Clearing System PLC, and Nigeria Inter-bank Settlement System PLC.