In a bid to ensure an efficient derivatives market, the Nigerian Stock Exchange and the Securities and Exchange Commission yesterday organised a capacity building workshop for operators.
Delivering the opening remarks, the Chief Executive Officer, NSE, Mr. Oscar Onyema, said: “The introduction of exchange- trade derivatives on our bourse is aimed at broadening the options available to support efficient implementation of risk management and investment strategies across diverse asset classes and financial instruments. We are, therefore, delighted to host this event in recognition of the importance of capacity building and investor education to the development of this asset class.
Also speaking, on the rules guiding the derivatives market, Head of Department, Registration, Exchanges, Market Infrastructures and Innovation, SEC, Mr. Emomotimi Agama said: “The NSE and SEC have provided the platform and requisite rules to guide activities in the derivatives market. It is, therefore, the responsibility of capital market operators to work with us to galvanise activities within this market segment.