Achieving Liquidity Through Transparent Market Operations in Lagos - Capital Market Committee Report
This report dated 8th October 2024 sheds light on the efforts and progress made in creating liquidity transparently in the market. It covers key aspects such as admitted securities, share capital, dematerialization, trade volume, market leaders, and initiatives for market expansion and enhancement. The visual representations provide a comprehensive overview of the market situation and future prospects.
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REPORT TO THE CAPITAL MARKET COMMITTEE Lagos, 8 October, 2024 Creating liquidity Transparently 1
MARKETIN NUMBERS Admitted Securities 26 Total Share Capital 107 billion Volume dematerialised 16.33 billion Dematerialised Percent 15.20% Operating / Registered Brokers 64 / 200 Operating /Registered Firms 64 / 107 Volume of trades Q1 16 144 million Number of trades Q1 16 648 Value traded Q1 16 959 million 08/10/2024 Creating liquidity Transparently 2
QUARTERLYTRADEINFORMATION 2015 TODATE 18 18 16 16 Demat Level (Bn) Demat % 14 14 12 12 10 10 8 8 6 6 4 4 2 2 0 0 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 08/10/2024 Creating liquidity Transparently 3
UNLISTED SECURITIES INDEX INCEPTIONTODATE 1,200.00 1,000.00 800.00 600.00 400.00 200.00 - 08/10/2024 Creating liquidity Transparently 4
QUARTERLYTRADE VALUES Quarterly Trade Volume Q1 '15 665,333.19 Q2 '15 Q3 '15 Q4 '15 2,377,755 Q1 '16 958,662 Series1 3,398,814.78 4,501,723.26 08/10/2024 Creating liquidity Transparently 5
MARKET LEADERS No of Trades Total Value Traded Rank NASD REGISTERED DEALING MEMBER 1Nigerian International Securities Limited 163 396.71 2Arthur Steven Asset Management Limited 97 210.22 3Bestworth Assets & Trust Limited 19 194.47 4Calyx Securities Limited 51 180.36 5CSL Stockbrokers Limited 26 117.00 6Eurocomm Securities Limited 61 114.93 7GTI Securities Limited 35 111.77 8Anchoria Investment & Securities Limited 124 93.30 9Cashcraft Securities Limited 39 71.14 10Equity Capital Solution Limited 87 68.24 08/10/2024 Creating liquidity Transparently 6
MARKET EXPANSION Linked Notes Guidelines Approved by SEC and on website Open to structure Crowd funding Rules under SEC review Seeking legal opinion on ISA restriction 08/10/2024 Creating liquidity Transparently 7
MARKET ENHANCEMENT ISSUES Website relaunched in January 2016 Data portal to open in May 2016 MOU under review with Asoko, Bloomberg, Reuters Analyst calls commenced Q4 2015 NDEP joins CSCS, Trustbond, Afriland, Acorn in Feb 2016 Monthly calls to continue Registered Securities List is on website Opportunity to bring 100 companies 08/10/2024 Creating liquidity Transparently 8
EXPECTATIONSFORQ2 16 Participant training Joint program in valuation / analysis with Agusto & Co Compliance and operations NASD AGM 6 May 2016 Workshop on PE Exit market NASD to join ASEA 08/10/2024 Creating liquidity Transparently 9
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CONTACTUS Office : 9th Floor, UBA House, 57, Marina, Lagos E-mail: info@nasdng.com Website: www.nasdng.com Live Chat enabled Tel. : +234 1 460 5008 08/10/2024 Creating liquidity Transparently 11
