The Nigerian Stock Exchange has called on investors to create product offerings that would promote diversity in investment.
According to Mr. Onyema, despite the evolving needs of consumers demanding for financial information globally, Nigeria still had low inclination towards investments. “It is important for us to create product offerings that promote diversity in investment, manage risk and make the information readily available to consumers. The Exchange and data vendors are already responding to this increasing demand using new tools for market data products.
In her presentation, a lecturer at the Department of Mathematics, University of Lagos, Dr. Mary Akinyemi noted that protective put, such as derivatives, would be good for hedging risks, especially with the losses recorded by the stock market in recent times. She advised investors to buy enough options when purchasing shares, which would act as a protection from risks associated with losing streaks.
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