Top Qs
Timeline
Chat
Perspective
Central Securities Clearing System
From Wikipedia, the free encyclopedia
Remove ads
Central Securities Clearing System Plc. (CSCS) is a Nigerian financial market infrastructure responsible for the depository, clearing, settlement and delivery and reporting of all securities transactions in the Nigerian capital market. CSCS provides a single access point for all post-trade services, including equities, treasury bills, bonds, commodities, funds, and cash.[2][3]
Remove ads
History
CSCS started operating in on April 14, 1997.[4] In 2023, CSCS announced that they earned 7.284 billion naira from transaction and depository fees.[5] CSCS was awarded Capital Market Infrastructure Developer of the Year at Business Day Banks and other Financial Institutions (BAFI) Awards in 2024.[6]
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads