​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​DEALING MEMBERS COMPLIANCE >> BrokerTraX

Efficient and well regulated market place 
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The Nigerian Stock Exchange ( NSE), in its bid to improve investors’ confidence in the market, commenced a strong campaign against market infraction by its dealing members by introducing a dealing members compliance report, BrokerTraX. With the BrokerTraX, investors can now make more informed decisions about where to invest by viewing names of Dealing Member Firms that have been found liable for contravening market rules. The goal is to reduce contravention of market rules to its barest minimum in line with the deliberate and sustain ed effort to restore confidence.​

​​With The NSE's zero-tolerance policy on regulatory infractions, there has been an increase in compliance by Dealing Members.
S/NoItem20102011201220132014201520162017​2018​2019
1Average Compliance (Rendition of regulatory returns)38%55%75%94%76%96%76%79%​85%​86%​
2Enforcement Actions Carried Out5247437424557608328267​171​167
3Number of Rules Breached19112025191111​17​​18
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