FMDQ, Frontclear partner to establish clearing infrastructure in Nigeria

PUBLISHED: Wed, 13 Jun 2018 11:40:33 GMT

FMDQ and Front clear recently partnered to create Nigeria’s central clearing house structure, with the support of a settlement guarantee fund that aims to strengthen the Over-The-Counter market liquidity. Kaodi Ugoji, Associate Executive Director, FMDQ OTC Securities Exchange joins CNBC Africa to discuss the impact of this agreement on Nigeria’s financial market.

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