Tag Archives: Security lending

SEC blames failure of market making initiatives on liquidity challenges

The Securities and Exchange Commission (SEC) has attributed the failure of the securities lending and market making initiatives introduced by the Nigerian Stock Exchange (NSE) in 2012, to liquidity challenges facing the capital market. The SEC Director-General, Mounir Gwarzo, stated this at the post-Capital Market Committee (CMC) news conference in Lagos on Monday. Gwarzo said that the issue of illiquidity had ...

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