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The Nigerian Stock Exchange
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Dealing Members
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Minimum Operating Standards
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MINIMUM OPERATING STANDARDS (MOS)
In line with efforts to augment long-term protection for investors and stakeholders in the capital market, The Nigerian Stock Exchange (NSE) has set Minimum Operating Standards (MOS) for its
Dealing Members.
MOS will cater for all
three classes of Dealing Members (broker dealers, brokers and dealers) and address
the five broad areas of manpower and equipment, organizational structure and governance,
effective processes, global competitiveness and technology.
The Minimum Operating Standards would enhance regulations and build strong operational structure that would help mitigate risk in a sustainable manner.
Why the
Minimum Operating Standards?
To improve Co
rporate Governance
To strengthen and deepen the market
To build a world class market
To restore investors' confidence and create wealth
To protect investors as well as secure a sustainable market
To reduce the cost of capital formation and increase economic growth
Guidelines and Other Useful Materials
To address enquiries on the MOS implementation and the minimum capital requirements prescribed by the Securities and Exchange Commission (“SEC”), The NSE has set up a designated Help Desk:
Electronic mail:
contactcenter@nse.com.ng
Telephone:
07002255673
Hours of Operation:
8:30 a.m. to 5:00 p.m.