​​​​​​ETFs Market Structure

​​Add variety to your portfolio​ ​
The Nigerian Stock Exchange operates an Automated Trading System (ATS) platform with a central order book which allows dealing members to participate on equal terms, competing on the hierarchical basis of Price, Cross and Time priority. The Exchange runs a hybrid market, allowing dealing members to submit orders and liquidity providers to submit two-sided quotes into the order book. 

 ​Trading schedule ​ ​Market hours: 9.30 to 14.30
etfs-trading-schedule.jpg

 ​Trading fees
​ ​ ​
FEES TYPE BUY SIDE SELL-SIDE
NSE FEE 0.3%
CSCS FEE​ 0.3%
TRADE ALERT FEE N4.00 N4.00
SEC FEE 0.3%
STAMP DUTY 0.075% 0.075%​
OTHERS: BROKERAGE COMMISSION 0.75 - 1.35% 0.75 - 1.35%
​​​​You can buy and sell ETPs through your stockbroker. The directory of NSE dealing members can be accessed here.