NSE set to sensitise investors, others on derivatives market today

All is set for the Nigerian Stock Exchange (NSE) to sensitise the investing public on opportunities inherent in staking fortune in derivatives products in the capital market.

The NSE had announced a capacity-building workshop to make investors have a better understanding of the derivatives product as well as highlight its applicability to hedge against crisis such as the COVID-19.

According to the management of the bourse, the programme will have experts on the field speaking with participants on Tuesday, 8 September 2020.

It is no doubt that the COVID-19 pandemic has metamorphosed into an economic crisis for countries and financial markets, causing volatility in the price of commodities and stocks around the world.

It has, therefore, become imperative for market participants to stay informed about new developments in financial products to make the right investment decisions.

The virtual workshop, according to the NSE, is themed ‘Adopting Derivatives During Stressed Market Conditions’.

It will be hosted by Oscar Onyema, the chief executive officer (CEO) of the NSE, and will feature Charles Rubin, Chief Executive Officer, CRUBIN Futures, the USA as a speaker.

“Interested participants such as Pension Fund Administrators (PFAs), asset managers/portfolio managers, regulators, brokers, bankers can access the workshop via a link.

“It is important to note that the exchange continues to make notable contributions to introduce Exchange Traded Derivatives (ETDs) to the Nigerian capital market and ensure alignment with the International Organization of Securities Commission (IOSCO) principles” NSE has said.

It added that some of these efforts include facilitating access to recognised and licensed derivatives products, world-class market surveillance technology, effective trading rules as well as appropriate risk management and clearing facilities.