
Central Bank of Nigeria
Guidelines for the Electronic Foreign Exchange Matching System (EFEMS)
- Author
- Central Bank of Nigeria
- Reference No.
- FMD/DIR/CON/OGC/038/151
- Year
- 2024
- Pages
- 5 pages
These guidelines regulate interbank foreign exchange trading through the Electronic Foreign Exchange Matching System, designate Bloomberg BMatch as the supporting platform, and establish participation requirements, trading hours, order and settlement rules, credit limits, reporting duties, monitoring powers, data ownership, penalties, and dispute resolution procedures for…