NSE to Charge N5 per Million on Debt Instruments Traded on its Platform

The Nigerian Stock Exchange (NSE) has enhanced its Fixed Income Securities market
segment as well as the associated benefits to trade execution via its platform.

The Exchange says it has now received the regulatory approval of the Securities and Exchange Commission to revise its fee structure. The revised fees will become effective on 5 October 2020.

Under this revised fee structure, the NSE will charge 0.0005% (N5 per million)
on debt instruments traded on its platform.

Also Read: 2021 Budget: FEC Okays N13.08trn Estimate

As part of its liquidity-enhancing efforts, the Exchange introduced a trading fee moratorium in August 2016, in an effort to stimulate activities and liquidity in the fixed income market.

This is In line with its ambition to support Nigeria’s economic growth by providing a liquid,
efficient, and multi-asset securities exchange hub.

The NSE says it operates a fair, orderly and transparent market that
brings together the best of African enterprises and investors from around the global.

The NSE trading venue provides investors an integrated straight-through trading and post-
trade process that supports efficient execution without any trade failures across all asset
classes including Fixed Income Securities.

Also Read: Buhari’s PIB to Open NNPC to Nigerian and Foreign Investors

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.

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