Thursday, April 22, 2021
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street is a meeting point for technology, economy, and journalism.
No Result
View All Result
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street is a meeting point for technology, economy, and journalism.
No Result
View All Result

NGX holds training for stakeholders on derivatives

Ehime Alex by Ehime Alex
April 7, 2021
in Companies
0
NGX holds training for stakeholders on derivatives
2
SHARES
5
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

The Nigerian Exchange Limited on Wednesday conducted a training for firms on key areas of the derivatives market.

The training, with focus on ‘Derivatives Margining Process and Account Segregation Policy, held in collaboration with NG Clearing Limited, the Central Counterparty Clearing System.

READ ALSO

GTBank’s PBT drops by 7.77%

‘Africa’s print market requires collaborations for growth’

In a statement to Financial Street, the NGX said in laying the groundwork to build a standardised derivatives market, it has to work extensively with local and international partners.

Read Also:

  • EACOP worth pursuing, beneficial to Tanzanian, Ugandan communities
    EACOP worth pursuing, beneficial to Tanzanian,…
  • Why Nigeria's debt keeps increasing – Zakka
    Why Nigeria's debt keeps increasing – Zakka
  • As controversy dogs Africa's longest oil pipeline
    As controversy dogs Africa's longest oil pipeline

It noted that the NGX’s Divisional Head, Trading Business, Mr Jude Chiemeka, had said that the NGX was committed to building a derivatives market that meets global standards.

“We have worked with regulators such as the Securities and Exchange Commission and the Central Bank of Nigeria to establish the right regulatory and legal framework for derivatives in our market.

“We also continue to build on the trading infrastructure that will ensure domestic and foreign stakeholders are able to trade seamlessly once we launch within subsequent months,” it quoted Chiemeka to have said.

The NGX further stated that the ultimate goal was to ensure widespread understanding of derivatives, its applicability and how investors could reap maximum value from the asset class.

The organisation said it has collaborated with both local and international organisations to facilitate in-depth capacity-building programme on the derivatives market.

It recalled that in 2020, a training was hosted in collaboration with SEC to address the legal and regulatory requirements for the derivatives market.

“A virtual derivatives workshop also held in September 2020 with the theme, ‘Adopting Derivatives During Stressed Market Conditions’ which provided a better understanding of the application of derivatives in hedging against the crisis emanating from the COVID-19 pandemic,” it added.

close
Subscribe to our newsletter and join thousands of readers of our financial, economic & investments news blog!
We don't spam with your email

Check your inbox or spam folder to confirm your subscription.

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn

Tags: Derivatives marketFirmsNGX

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Ehime Alex

Ehime Alex

Related Posts

GTBank’s PBT drops by 7.77%
Companies

GTBank’s PBT drops by 7.77%

April 22, 2021
Canon launches five entry-level printers
Companies

‘Africa’s print market requires collaborations for growth’

April 22, 2021
Emzor lists N13.7bn bond on NGX
Companies

Emzor lists N13.7bn bond on NGX

April 21, 2021
Amazon opens R4bn hqtrs in South Africa
Companies

Amazon opens R4bn hqtrs in South Africa

April 21, 2021
YouTube suspends Nigerian TV evangelist
Companies

YouTube suspends Nigerian TV evangelist, TB Joshua’s account

April 16, 2021
Fidelity Bank’s N41.2bn bond proceeds for infrastructure, SMEs
Companies

NGX lists BUA Cement’s N115bn bond 

April 13, 2021
Next Post
Idongesit Mbat

Nigerians need insurance education – Mbat

RECENT STORIES

GTBank’s PBT drops by 7.77%

GTBank’s PBT drops by 7.77%

April 22, 2021
Canon launches five entry-level printers

‘Africa’s print market requires collaborations for growth’

April 22, 2021
Establishing an advertising agency

Establishing an advertising agency

April 22, 2021
ASECNA, NIGCOMSAT, Thales Alenia to boost development of African aviation

African aviation sector faces sanctions

April 22, 2021

Watch this space!

April 22, 2021
Why Nigerian consumers prefer foreign goods

Why Nigerian consumers prefer foreign goods

April 21, 2021
Curbing plastic waste in Mauritius

Waste recycling plant underway in Imo

April 21, 2021

TRENDING

  • CBN warns Nigerians against falling victim to cybercrime

    CBN’s FX restrictions and Nigerian consumers

    2 shares
    Share 0 Tweet 0
  • Blame govt for high cement price – Banjoko

    0 shares
    Share 0 Tweet 0
  • Why Nigeria’s debt keeps increasing – Zakka

    0 shares
    Share 0 Tweet 0
  • African aviation sector faces sanctions

    0 shares
    Share 0 Tweet 0
  • As controversy dogs Africa’s longest oil pipeline

    0 shares
    Share 0 Tweet 0
Financial Street is a meeting point for technology, economy, and journalism.

© Financial Street 2020. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS