Wed Mar 30, 2016/Reuters South Africa has issued its first stock exchange operating licence in more than 100 years, paving the way for a local company to compete with the Johannesburg Stock Exchange (JSE). ZAR X Stock Exchange said on Wednesday it would start operating in September after securing approval […]
Tag: Over-the-Counter
OTC Trading: Turnover Down 37% to N12.73 Trillion in 2016 Y-t-D from N20.20 Trillion in 2015
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Over-the-Counter (OTC) trading activities total turnover recorded in 2016 year-to-date (y-t-d) stood at N12.73 trillion compared to N20.20trillion recorded in 2015; indicating a decline of 37 percent, according to the latest FMDQ OTC Securities Exchange Financial Markets Review Reports March 2016. The report says […]
