FMDQ OTC Securities Exchange (“FMDQ”) is an organisation with the strategic intent of bringing about revolutionary changes and fostering the development of the Nigerian over-the-counter (OTC) financial markets. It is a Securities and Exchange Commission (SEC) registered OTC securities exchange and self-regulatory organisation. The company brings together Nigeria’s fixed income and currency operations under a single market governance structure.
FMDQ promotes market development in the Nigerian OTC financial markets, with a primary focus on the OTC markets – fixed income (money, repos, commercial papers, treasury bills, and bonds), currencies and derivatives.
About the Managing Director
Mr. Bola Onadele. Koko is the Managing Director/CEO, FMDQ OTC Securities Exchange
Mr. Onadele is the pioneer Managing Director/CEO of FMDQ. Prior to this engagement, he was the President of FDHL, a financial markets and risk management consulting firm he founded in 2001.
His banking career spanned across Citibank Nigeria (Chief Dealer), FCMB Limited (Treasurer), Trust Bank of Africa (Merchant Bankers) (Managing Director/CEO) and Leadbank PLC (Chief Operations Officer). He is a member of the Board of Trustees of FMDA.