Thomson Reuters launches FX Clob in Nigeria

FX provider says the move will enhance market liquidity and shows its commitment to the region's growth

Nigeria map
Liquid markets: Clob gives the Central Bank of Nigeria the tools to promote greater freedom in its financial markets

Thomson Reuters is launching an FX central limit order book (Clob) for the Nigerian market on October 17, in a move that could drastically improve liquidity in the naira currency and provide the Central Bank of Nigeria (CBN) with the tools required to promote its financial markets.

"Having an effective global FX trading network requires presence, not just in major, established trading locations, but also in smaller, emerging markets. Thomson Reuters is committed to further adding liquidity

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