Foreign Exchange (FX) and Money Market (MM) transactions dominated secondary market activity, jointly accounting for 70.35 percent of the total secondary market turnover in March 2025.
According to FMDQ Securities Exchange in its financial markets monthly report for March, the total secondary market turnover recorded on FMDQ Exchange in March 2025 was N58.20trillion.
The record secondary market turnover in March represents month-on-month (MoM) decrease of 2.71 percent (N1.62trillion) and a year-on-year (YoY) increase of 19.11 percent (N9.34trillion) from February 2025 and March 2024 figures, respectively.