The Nigerian Stock Exchange (NSE or the Exchange) was founded in 1960 and today services the largest economy in Africa. The NSE, a registered company limited by guarantee, is licensed under the Investments and Securities Act (ISA) and is regulated by the Securities and Exchange Commission (SEC) of Nigeria. The Exchange is a founding member and executive committee member of the African Securities Exchanges Association (ASEA), a full member of the World Federation of Exchanges (WFE) and an affiliate member of the International Organization of Securities Commissions (IOSCO). It is also a foundation member of the World Economic Forum (WEF). The Nigerian Stock Exchange is an automated exchange and provides listing and trading services, as well as electronic Clearing, Settlement and Delivery (CSD) services through Central Securities Clearing System, an associate company to The NSE, which also offers custodian services. Along with securities listing and trading services, The Exchange offers market data dissemination services, market indices and much more. With about 258 listed securities, The Exchange operates fair, orderly and transparent markets that bring together the best of African enterprises, and the local and global investor communities. The Nigerian Stock Exchange is poised to champion the acceleration of Africa's economic development and to become äóìthe Gateway to African Marketsäó.