NGX: More investor education required for development of Africa's derivatives market | TheCable

📆 7/4/2023 7:56 PM
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The Nigerian Exchange Limited (NGX) says strengthening the development of the derivatives markets on the African continent requires accelerated investor education and capacity building.

are standardised, highly regulated, and transparent financial contracts listed and traded on a securities exchange, and guaranteed against default through the clearinghouse of the derivatives exchange.

“Our markets are still in the nascent stages and investors need to be aware of the risks and opportunities that are inherent to derivatives. Stakeholder engagement and collaboration are also needed to catalyse growth. Chiemeka said the exchange is assiduously working on the technology implementation and systems integration that will allow for seamless trading and clearing of the contracts.

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