Determined not to rest on its laurels, FMDQ OTC Securities Exchange on Monday expressed commitment to challenge the norm and explore new frontiers to support the nation’s economy.
Kaodi Ugoji, FMDQ Associate Executive Director, Corporate Development, said in Lagos that the company would continue to challenge the norm and explore new frontiers in fulfillment of its mission to empower the financial markets to be innovative and credible.
Ugoji said that the exchange had sustained its commitment through the years to transform and make the Nigerian financial markets “GOLD’’ Globally Competitive, Operationally Excellent, Liquid and Diverse.
She said that the achievement recorded by the company was due to invaluable support of market regulators including the Securities and Exchange Commission and the Central Bank of Nigeria, among others.
Ugoji said that FMDQ would be five years on November 7, and would celebrate five years of innovation, resilience, value-adding and immeasurable collaboration with its varied stakeholder groups.
She said that the company would be embarking on a modest week-long series of commemoration activities, culminating with the Inaugural FMDQ GOLD Awards on November 9, first of its kind in the Nigerian fixed income, currencies and derivatives markets.
Ugoji said that the event was geared at recognising the commitments and invaluable contributions of FMDQ’s market participants and stakeholders who have contributed toward the growth and development of the markets.
She said: “It has been an extremely challenging but exciting run-up to five years, from inception in November 2013 to date for the OTC Exchange.”
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