Rules and Regulations

NASD is empowered to establish an OTC market in Nigeria. NASD has developed a set of rules and regulations that govern the conduct and activities of participants on the OTC market. Please click on the link below:-
- NASD OTC Market Rules
-Market Maker Rules
- Equity Linked Notes Operational Guidelines

NASD Proposed New Rules and Guidelines

In order to expand the scope and coverage of the over the counter market in Nigeria, the following proposed new rules and guidelines are being exposed to stakeholders for comments:


All comments should be forwarded to not later than two (2) weeks from the date of exposure.

Quick Links

Become a Trading Institution Trading Institution Fees Approved Trading Institutions Trading Institution Performance Market Circulars Rules and Regulations Clearing and Settlement Market Reports Form Downloads

Market News

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  • 05Jan, 2018
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