The Securities and Exchange Commission (SEC) has directed dealing firms (stockbroking firms) to send relevant information to the Nigeria Inter-Bank Settlement System (NIBSS) by December 30, 2015 so as to facilitate the commencement of Direct Cash Settlement (DCS) in the nation’s stock market. The DCS is a process where cash proceeds from trades executed by […]
SEC advises stockbrokers on direct cash settlement
...Continue to read
0
Comments
