Due to the current reforms and competition among Exchanges in global financial markets, Nigerian Exchange Limited (NGX) has revealed that it is working with
Citing examples of how well STP worked in other climes, Chiemeka said that STP which was launched in India last year with a settlement cycle of 15 days, now has a cycle of 2 days, thus putting the India capital market in the elite group of advanced markets of the world.
“In view of this, NGX will continue to explore the use of advanced technological tools such as STPs to ensure that the investing public conduct their transactions in a more efficient and seamless manner”.
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