Applied Logic was yesterday awarded a contract by the Securities and Exchange Commission Nigeria http://www.sec.gov.ng/ to develop a margin list application on its behalf using meta data from APLs product broadstreetlagos.com http://www.broadstreetlagos.com/index.php. It is a multimillion naira project that will essentially have a multiyear capacity building, maintenance and data feed arrangement. The margin list will govern the selection of companies that are to be used by stockbrokers and financial institutions in the determination of margin credit in stock trading accounts.