Members & Partners
Explore the network of brokers, dealers, and partners driving the NASD market.

Joining as an Operator
Follow these steps if you'd like to join NASD OTC exchange as an operator.
Joining as a Trading Member
- 1Complete NASD Form 1a
- 2Complete NASD Form 1b
- 3Submit completed form and non-refundable fees payable in full at the time of application, accompanied by the listed supporting documents to legalcompliance@nasdng.com.
Joining as a Non-trading Member
- 1Complete NASD Form 1b
- 2Submit completed form and non-refundable fees payable in full at the time of application, accompanied by the listed supporting documents to legalcompliance@nasdng.com.
Members and Partners on NASD

Arthur Stevens Asset Management Limited
86 Raymond Njoku Street, off Awolowo Road, S/W Ikoyi
Contact+2345678494003
support@stevensassestmgt.com

Bancorp Securities Limited
3rd Floor, UNTL Building, 1 Davies Street, Off Marina, Lagos
Contact+2345678494003
support@stevensassestmgt.com

Calyx Securities Limited
1st Floor, AG Leventis Building, 42/43 Marina, Lagos
Contact+2345678494003
support@stevensassestmgt.com

Capital Assets Limited
9th Floor, CSS Bookshop House, 50/52 Broad Street, Lagos Island, Lagos
Contact+2345678494003
support@stevensassestmgt.com

Chartwell Securities Limited
131PM Avenue Central Business District Alausa, Ikeja, Lagos
Contact+2345678494003
support@stevensassestmgt.com

Cordros Securities Limited
21 Norman Williams Street, Ikoyi, Lagos
Contact+2345678494003
support@stevensassestmgt.com

DLM Securities Limited (formerly Dunn Loren Merrifield Securities Limited)
66-68, Alexander Avenue, Ikoyi, Lagos
Contact+2345678494003
support@stevensassestmgt.com

DSU brokerage Services Limited
8 Asaba Close, Emeka Anyaoku Crescent, Garki Area II, Abuja
Contact+2345678494003
support@stevensassestmgt.com
Central Security Depository
Central Securities Clearing System Plc (CSCS) is the appointed Central Securities Depository (CSD) for NASD. It handles clearing and settlement of trades using a Delivery versus Payment model.
CSCS securely holds securities in electronic form and provides efficient depository services. It also issues ISINs for admitted securities when required. For more information, visit CSCS www.cscs.ng

Settlement Cycle
| Class | Settlement Cycle |
|---|---|
| Equity | T + 1 |
| N-DSP | T + 0 |
