The Nigerian Stock Exchange says the NASDAQ OMX group INC Trading platform will be operational by the third quarter of this year.
The chief executive officer Oscar Onyema says the system is currently being tested.
The platform will allow the exchange to trade options in 2014 and futures in 2015 to help deepen the market.
The Director-General of Securities and Exchange Commission; Ms Arunma Oteh, said last year that Nigeria is targeting a $1 trillion market value for the exchange by 2016.
So far the Nigerian all-share index has advanced 23 percent this year, the best performance in Africa after Ghana and Kenya.