NGX yesterday launched its ETD market with the listing of two equity index futures contracts.
The ETDs market to commence with trading activities by the first three stockbrokers. These have been cleared by NGX Regulation Limited to facilitate transactions on behalf of investors on NGX derivatives market.
Chief Executive Officer, Nigerian Exchange (NGX), Mr. Temi Popoola, said the launch of the new market segment was consistent with the Exchange’s commitment to develop the Nigerian capital market.This is to provide a market that thrives on innovation and responds to the needs of stakeholders in accessing and using capital.
