NGX Reverts to 2018 Pricing Rules as ₦1,000 Stocks Now Require 10,000 Shares to Move Prices
The Nigerian Exchange Limited has reinstated elements of its 2018 market microstructure rules, bringing back a pricing methodology that affects how high priced stocks move on the trading floor. Under the revised framework, equities trading at ₦1,000 and above will require a minimum transaction of 10,000 shares before their prices can change. The threshold mirrors […]