FMDQ OTC Securities Exchange has won the Most Innovative in Financial Markets Award at the first BusinessDay Top 25 Most Innovative Companies & Institutions in Nigeria Awards 2017, in recognition of its contribution to the development of the country’s financial markets.

FMDQ said in a statement that the award was a validation of its effort of transforming the Nigeria debt capital market.

According to the statement, “the Nigerian financial markets have undergone significant changes in recent years and FMDQ, having risen to its commitment to transform the markets, by, among others, bringing them to par with the global markets, has continued to lead the pace through timely service, product and market development innovations.

“From its visionary stride in successfully facilitating the Naira-settled OTC FX Futures Market, launching the short-term bonds product initiative, pioneering a Nigerian securities exchange learning institution, the FMDQ Academy, to cham-pioning the market-wide Nigerian Debt Capital Markets Development Project, FMDQ has indeed, and in no small measure, created value geared towards the ultimate growth and development of the Nigerian economy.”

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