Nigerian Stock Exchange broadens products offering, proposes ETDs rules

In line with its strategic objective to increase the number of asset classes traded on its platform, the Nigerian Stock Exchange (NSE) has revealed plans to introduce Exchange Traded Derivatives (ETDs) in the Nigerian capital market. Derivative instruments are financial contracts that are dependent mainly on a regulatory framework that supports their enforceability. The proposal, the NSE said in its notification of the draft rules and invitation for comments signed by its general counsel and head of Regulation, Tinuade Awe, said the NSE seeks to introduce Exchange Traded Derivatives (ETDs)…

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