Techeconomy·3 min read·medium

NGX Delays Rollout of its Updated Pricing Framework

D
Destiny Eseaga
NGX Delays Rollout of its Updated Pricing Framework
AI Summary

The Nigerian Exchange (NGX) has postponed the implementation of a new pricing framework designed to change how trade volumes trigger share price movements. The delay is intended to allow for further consultation with market stakeholders.

Under the postponed framework, transactions in stocks priced at 1,000 naira and above would require a minimum volume of 10,000 units to move the market price

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