Creating Liquidity Transparently - Market Insights Q2 2017
This report provides insights into the market performance in Q2 2017, focusing on liquidity creation, securities trading volumes, dematerialization trends, and market expansion initiatives. It highlights key metrics such as admitted securities, AGMs held, dematerialized volume, total share capital, and market trade activity. Additionally, it discusses the completion of the NASD Rights Issue, testing of NASD BITS, and interactions with new market operators and authorised traders. The expectations for Q3 2017 include approval for the NASD Enterprise Portal, dematerialization enhancement, and the introduction of more securities to the market.
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Presentation Transcript
REPORT TO THE CAPITAL MARKET COMMITTEE Lagos, 15 August, 2017 Creating liquidity Transparently 1
MARKETIN NUMBERS Q2 17 Q1 17 Admitted Securities 34 34 AGMs held 5 2 Volume Dematerialized 26.67 billion 21.68 billion Total Share Capital 108.87 billion 108.87 billion Dematerialized Percentage (%) 24.50% 19.91% Operating/Registered PI s 102/126 99/123 Equities Market Number of Trades 741 700 Volume of Trades 143.30 million 203.54 million Value Traded 884.23 million 1.01 billion Bonds Market Number of Trades 17 1 Volume of Trades 3.39 million 900 thousand Value Traded in 3.89 billion 9 million 15/04/2025 Creating liquidity Transparently 2
QUARTERLYTRADEACTIVITY Activity Value Traded ( million) 5000 70000 10000 9000 60000 8000 4000 50000 7000 6000 40000 3000 5000 30000 4000 2000 3000 20000 2000 10000 1000 1000 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2014 2015 2016 2017 -1000 2013 2014 2015 2016 2017 Value Traded ( million) Volume Traded (million units) Deal Count USI & Market Cap 1600 1400 561.64 1200 505.53 1000 437.17 427.86 423.89 423.89 419.76 411.28 800 389.85 359.76 359.76 600 400 200 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2016 2017 USI Market Capitalisation ( ) 15/04/2025 Creating liquidity Transparently 3
MARKET EXPANSION /ENHANCEMENT Completion of NASD Rights Issue Market Testing of NASD BITS Joint sessions held with LMC and selected Advisors to Football Clubs Workshop to discuss challenges and next steps Additions to market Securities: Nil New Operators: Compass Investment & Securities Limited, Portfolio Advisers Limited, Foresight Securities & Investment Limited, Financial Trust Company Nig. Limited, Diamond Securities Limited Authorised Traders: Six (6) Under SEC review: NASD Enterprise Portal 15/04/2025 Creating liquidity Transparently 4
EXPECTATIONSFOR Q3 17 Approval for NASD Enterprise Portal Reduce number of Non-registered PLCs Increase level of dematerialisation in OTC PLC shares Introduction of more securities to the market 15/04/2025 Creating liquidity Transparently 5
