The Nigerian Exchange Limited (NGX) has announced plans to hold a derivatives workshop in collaboration with institutional investors and various stakeholders within the capital market.
The primary aim of the workshop is to educate investors and other participants on the trading of Single Stock Futures on the Exchange Traded Derivatives (ETDs) market.
The upcoming workshop will emphasize the significance, practical application, and intricacies of trading Single Stock Futures on the NGX platform.
It will also focus on key aspects such as risk management, clearing and settlement procedures, and the safeguards available within the derivatives market ecosystem.
The event is expected to attract prominent players in Nigeria’s capital market, including institutional and retail investors, asset managers, pension fund administrators (PFAs), regulators, banks, and other capital market operators.
The workshop will kick off with a webinar titled “Uncovering Trading Opportunities in NGX Single Stock Futures” scheduled for Tuesday, 24th October 2023. Interested participants can register for the event through the NGX Derivatives Workshop portal.
Expressing his views about the upcoming webinar, Mr. Jude Chiemeka, the Executive Director of Capital Markets at NGX, emphasized the significance of promoting knowledge and understanding of Single Stock Futures in the Nigerian capital market.
He stated, “At NGX, we recognize that the concept of Single Stock Futures in the Nigerian capital market is relatively nascent, contributing to a noticeable gap in knowledge and sophistication. To address this, the Exchange is organizing this webinar aimed at shedding light on the untapped potential of Single Stock Futures trading in the derivatives arena.”
The workshop will feature a diverse panel of industry experts, institutional investors, and market participants who will delve into the practical aspects and opportunities associated with trading Single Stock Futures on the NGX platform.
Some of the confirmed speakers for the event include Mr. Farooq Oreagba, Managing Director and Chief Executive Officer of NG Clearing Limited, and Mr. Gabriel Olumide Odediran, CEO of Page Investment Managers.
Others include Mr. Aigbovbioise Aig-Imoukhuede, President of the Fund Managers Association of Nigeria (FMAN), and Mr. Biodun Adebimpe, President of the Association of Asset Custodians of Nigeria (AACN).
Additional speakers include Mr. Oguche Agudah, CEO of the Pension Funds Operators Association of Nigeria (PENOPS), Ms. Kgabo Molabe, Specialist Structured Products, Capital Markets at the Johannesburg Stock Exchange (JSE), and Mr. Justus Ogalo, Derivatives Manager at the Nairobi Securities Exchange.
