NASD PLC ANNOUNCES MIGRATION TO NEW TRADING PLATFORM

NASD Plc is pleased to advise all stakeholders that the NASD OTC Securities
Exchange will to migrate to a new trading platform “NASD Electronic Trading System: N-ETS”.


From Monday November 23, 2020, Participants will no longer be able to access the legacy system Bi-lateral Interdealer Trading System (BiTS). All relevant information on BiTS will from that date only be available on N-ETS.

The NASD Electronic Trading System brings more functionalities to ensure a more efficient trading experience for market participants and enables trading of new asset classes which erstwhile were not available OTC market.

Specifically, the platform provides:
 Automated matching engine
 Multi Securities Support
 Order and Quote market models
 Order Management gateway & routing support
 Centralized order management
 Secure Data Interchange
 Standard Messaging for Market Data OMS
 User Friendly Interface


During October 2020, NASD facilitated a series of training sessions for market participants to acquaint them with the capacity and functionalities of the new trading platform. All participants who attended the training sessions will automatically be migrated to the new platform. Any participants who have not attended the training sessions will be required to do so before they can access N-ETS.


For more information about NASD, our products and service offerings kindly contact us via any of the following channels:

Data Portalhttps://nasddatax.com
Websitehttps://nasdng.com.ng
Customer ContactEmailinfo@nasdng.com.ng
09024559686
Social MediaTwitter
Linkedin
@nasdng
NASDOTC

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