NGX, others move to drive derivatives market

“To promote clearing efficiency, stability and confidence, the NGX ETD market was launched in collaboration with the premier Central Counterparty in Nigeria, NG Clearing Limited, to provide the clearing infrastructure for NGX Derivatives Market and its clearing members,” it stated.

The webinar will focus on the intricacies of derivatives futures contracts, including how the contract is traded and settled on a day-to-day basis, the margining process, and risk management issues. According to the statement, participants at the webinar would learn of various applications of equity indices and single stock futures contracts, including trading and arbitrage applications, and a range of investment fund applications, outlining the motivations for such transactions, how they were executed, and the rewards and risks involved.

Speaking on the webinar event, the Divisional Head, Capital Market, NGX, Mr Jude Chiemeka, explained that the webinar would serve as a platform to further sensitise market participants on the Exchange’s effort and commitment to developing a thriving derivatives market in Nigeria.All rights reserved.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors lose N767b in one week as global market plungesThe Nigerian Exchange Limited (NGX) was not immune last week as global equities plunged into the steepest declines since 2020 following
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Amazon set to steal Jumia, others’ market shareAmazon is set to steal some of the market share of major e-commerce players in Nigeria such as Jumia and Konga. Really 🥴 It's called competition If they are really coming to Nigeria then sorry to Jumia.
Source: MobilePunch - 🏆 8. / 63 Read more »

10 Firms Dominate Nigeria’s Exchange, Account For 82% Market CapitalisationAirtel Africa Plc, Dangote Cement Plc and eight others’ market capitalisation amounted to N23.371 trillion, controlling 81.8 per cent total Nigerian Exchange
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Capital Market Studies In Secondary Schools Will Boost Financial Inclusion – SECThe Securities and Exchange Commission (SEC) says it will work towards infusing capital market studies into secondary schools’ curriculum in the drive to
Source: LeadershipNGA - 🏆 4. / 77 Read more »

$13bn trans sahara gas project, huge market opportunities for Nigeria, others – FG | The Guardian Nigeria News - Nigeria and World NewsThe Federal Government says the 13 billion dollars Trans Sahara Gas Pipelines (TSGP) project will present a huge opportunity for Nigeria, Niger and Algeria to tap into the European markets.
Source: GuardianNigeria - 🏆 1. / 94 Read more »