Goddy Egene Nigerian Exchange Limited (NGX) has received approval for seven derivatives contracts from the Securities and Exchange Commission (SEC). The approved contracts are: Access Bank Plc Stock Futures; Dangote Cement Plc Stock Futures; Guaranty Trust Bank Plc Stock Futures; MTN Nigeria Communications Plc Stock Futures; Zenith Bank Plc Stock Futures; NGX 30 Index Futures, and NGX Pension Index Futures. The NGX said the approval followed the successful registration of NG Clearing by SEC as a premier central counterparty, effective 7 June 2021. The NGX noted that with the approvals, it was inching closer to launch West-Africaâs first Exchange Traded Derivatives (ETDs) supported by NG Clearing in the risk management process.