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Investors Protection Fund

The Nigerian Exchange Limited (NGX) maintainsĀ Investo​rs’ Protection Fund in line with part XIV of the Investment and Securities Act 2007, (CAP 124, LFN, 2004) (ā€œISAā€) that requires The Nigerian Exchange to establish and maintain an investor protection fund. ​

The purpose of the investors’​ protection fund is to compensate investors with genuine claims of pecuniary loss against Trading License Holder firms resulting from:

  1. Insolvency, bankruptcy or negligence of a Trading License Holder firm of a securities exchange or capital trade point; and​
  2. Defalcation committed by a Trading License Holder firm or any of its directors, officers, employees or representatives in relation to securities, money or any ​​property entrusted to, or received by the Trading License Holder firm in its course of business as a capital market operator.​

Board of Trustees of The Exchange's Investors' Protection Fund

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Investor Protectio​n Fund Rules​​​​​
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IPF Claims Verification Process​
Financials
Resources