2014-02-05 | TED/FEM/FPC/GEN/01/006

Re: Guidelines for the operation of the Foreign Exchange Market - Retail Dutch Auction System (RDAS)

The Trade and Exchange Department notifies authorized dealers of a new designated account for funding the Retail Dutch Auction System (RDAS). Dealers must fund the account by the end of business on Thursdays for Monday auctions and on Mondays for Wednesday auctions. These requirements come into effect on February 10, 2014.

Nigeria

Central Bank of Nigeria

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