Nigerian Exchange Limited (“NGX” or “The Exchange”) and CFA Society Nigeria are set to host a series of workshops and trainings aimed at building capacity of market participants and deepening liquidity for derivatives products in the Nigerian capital market. The first in the series of workshops, themed “Derivatives and the Nigerian Capital Market”, will hold on Wednesday, 23 March 2022 via Zoom.
The virtual workshop will bring together key players across Nigeria’s financial industry including institutional and retail investors, Asset Managers, PFAs, Regulators, Banks, and other Capital Market Operators to discuss the role of Derivatives in the Nigerian capital market and how to drive participation of both domestic and foreign investors in the derivatives market. In addition, the workshop will help market stakeholders better understand Exchange Traded Derivatives products as tools for managing price volatility risk in the Nigerian capital market. Interested participants can register to attend here: https://bit.ly/ngx-cfa-dw.
Some of the confirmed speakers for the event include Temi Popoola, CEO, NGX; Ibukun Oyedeji, CFA, President, CFA Society Nigeria; Rufus Kariuki Gitau, CFA, Business Development Manager, Nairobi Securities Exchange; Farooq Adedayo Oreagba, Partner, Karaho Capital Partners; Klaus Paester, CFA, Senior Director Institutional Relations EMEA Region, CFA; Jayesh Mehta CFA, FRM, CA (SA) Consultant; Russel Jude, CFA, FRM, CA (SA) Program Head, EDGE Designations and Fola Abimbola, CFA, Frontier Africa Research, Standard Bank Group.
Which Derivatives? Another ticking the box deception by Oscar and his co-travellers. The cash and carry market that is easily understood is not doing well. Is it the complex Derivatives that will give the market succor? All part of the wasteful agenda. What is the impact of the Exchange Traded Products introduced by this same Oscar and his Team? Only ONE Trade was executed in over two hours of trading today March 21 all because of lack of understanding and interest. We will continue to provide facts to the market so you know the deception going on through NGX. Over N1billion had been wasted on this Derivative Project yet no tangible impact. NGX tell investors and issuers another story. We pity CFA Team. The programme will turn out to be a waste of effort and resources. The NGX foundation is too weak to accommodate these technical instruments Oscar is hoisting on it – SPACS. ETP, Derivatives etc. Oscar and his plunderers must do the proper thing by refunding the N754million they stole in 2021 and all those 29 hardworking staff sacked on Feb 25 must be well compensated with a human face then we can begin to discuss on ceasefire. Otherwise, expect more facts from the team