Economic News UpdateMarket News

Derivatives’ll trigger financial market growth – NSE

 

The First Vice-President, Nigerian Stock Exchange, Mr. Abimbola Ogunbanjo, has said the development of new and intricate financial instruments, otherwise called derivatives, will trigger exponential growth of the country’s financial market.

He said this at a training organised by the bourse on legal and risk aspects of derivatives and central counterparty clearing transactions, where he was the keynote speaker.

Thus, Exchange Traded Derivatives are expected to be launched by the NSE later this year.

He said the concept of derivatives remained relatively novel in the Nigerian financial market space and had only been noticeable within the over-the-counter segment of the market, adding that, “The frontiers of the Nigerian financial market is expected to grow exponentially due to enhanced liquidity arising from the development of new and intricate financial instruments.

 

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Economic News UpdateMarket News

Derivatives’ll trigger financial market growth – NSE

 

The First Vice-President, Nigerian Stock Exchange, Mr. Abimbola Ogunbanjo, has said the development of new and intricate financial instruments, otherwise called derivatives, will trigger exponential growth of the country’s financial market.

He said this at a training organised by the bourse on legal and risk aspects of derivatives and central counterparty clearing transactions, where he was the keynote speaker.

Thus, Exchange Traded Derivatives are expected to be launched by the NSE later this year.

He said the concept of derivatives remained relatively novel in the Nigerian financial market space and had only been noticeable within the over-the-counter segment of the market, adding that, “The frontiers of the Nigerian financial market is expected to grow exponentially due to enhanced liquidity arising from the development of new and intricate financial instruments.

 

Read More

Comment here