By Aduragbemi Omiyale The ambience at the Nigerian Exchange (NGX) Limited on Customs Street, Lagos is oozing excitement and the reason is not far-fetched. The local bourse is launching the first Exchange Traded Derivatives (ETD) market in West Africa today, Thursday, April 14, 2022, with Equity Index Futures Contracts.
Nigerian Exchange Ltd., (NGX) has on Monday, launched West Africa’s first Exchange Traded Derivatives (ETD) market with Equity Index Futures Contracts. | Pulse Nigeria
NGX launches exchange-traded derivatives market -- first in West Africa thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.
<p><span>Nigerian Exchange Limited (NGX or the Exchange), the sustainable Exchange championing Africa’s growth, is pleased to announce the launch of West Africa’s first Exchange Traded Derivatives (ETD) Market with Equity Index Futures Contracts on 14 April, 2022. This is consistent with the Exchange’s commitment to develop the Nigerian capital market by providing a market that thrives on innovation and responds to the needs of stakeholders in accessing and using capital.</span></p>
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<li><i>Recognition for the wholly owned subsidiary of DGCX emphasizes commitment to compliance with comprehensive set of regulatory requirements by ESMA</i></li>
<li><i>During 2022, DCCC cleared multiple asset classes with a total value of USD 35 Billion</i></li>
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