By Dipo Olowookere
The management of FMDQ Holdings Plc has announced its intention to re-open its head office in Lagos called Exchange Place in phases.
A notice this week from the organisation disclosed that its head office would be reopened in three different phases.
In the first phase, the Exchange Place would remain temporarily closed with services still uninterrupted. During this period, investors would still continue to enjoy the numerous services rendered by the FMDQ like trading of Naira contract futures, bonds and other investment tools being traded on the platform.
For the second stage of the reopening, essential staff of the organisation would be allowed to resumed, while the offices remained shut to visitors. During this time, the necessary safety equipment and tools would be put in place, including hand sanitizers and others.
In the notice obtained by Business Post, it was stated that for the third and final phase, the Exchange Place will allow other members of staff to resume, while some visitors would be allowed to come in, but under strict adherence to guidelines of government concerning the coronavirus. This include the use of hand sanitizers, observing social distancing and others.
The FMDQ is involved in various activities like trading in equities, derivatives, currencies and the fixed income instruments like bonds, treasury bills and others.
The firm is Africa’s first vertically integrated financial market infrastructure (FMI) group, strategically positioned to provide seamless execution, clearing and settlement of financial market transactions, as well as data and information services, across the debt capital, foreign exchange, derivatives and equity markets, through its wholly owned subsidiaries – FMDQ Securities Exchange Limited, FMDQ Clear Limited, FMDQ Depository Limited, FMDQ Private Markets Limited and iQx Consult Limited – towards transforming the Nigerian financial markets through its “GOLD” (Global Competitiveness, Operational Excellence, Liquidity and Diversity) Agenda.
Adedapo Adesanya