News Formal

NSE Enhances Fixed Income Market, Capitalisation Rises 27% to N16trn - THISDAYLIVE

  • 📰 THISDAY LIVE
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

United Kingdom News News

NSE Enhances Fixed Income Market, Capitalisation Rises 27% to N16trn

The Nigerian Stock Exchange has improved its fixed income securities market segment as well as the associated benefits on its platform.

And following the end of the 4-year Fixed Income Securities Trading Fee moratorium, the exchange received the regulatory approval of the Securities and Exchange Commission to revise its fee structure.Under this revised fee structure, the exchange would charge 0.0005 per cent on debt instruments traded on its platform.

“By leveraging best-in-class market design and infrastructure, the NSE trading venue provides investors integrated straight-through trading and post-trade process that supports efficient execution without any trade failures across all asset classes including fixed income securities. Investors trading via the NSE platform can also enjoy access to diverse listed debt instruments including federal government, state government, corporates, supranational and retail savings bonds,” the exchange said.

“We remain committed to our corporate goal of providing investors and businesses a reliable, efficient and an adaptable exchange hub in Africa, to save and to access capital,” the NSE said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Price of garri soars in Enugu major marketThe price of cassava flakes, (one of the Nigerian staple food, popularly known as Garri), has risen significantly in some major markets in Enugu metropolis. Not in Enugu alone oh Thank you Baba. Sai Baba!! Nigeria is a confused nation ruled by blind police makers. The country continues to tighten its urgly grip against importation of food claiming it is to boost local production. How sufficient is local production if the volume produced is far less than local demands?
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Traders lament as Lagos market renewable energy project rots awayThe project initiated in 2013 has long been abandoned.
Source: PremiumTimesng - 🏆 3. / 78 Read more »