Nigerian Stock Exchange plans to start trading of derivatives by 2016: Oscar Onyema, CEO, Nigerian Stock Exchange

Oscar Onyema, CEO, Nigerian Stock Exchange

The Nigerian Stock Exchange plans to start allowing trading by 2016 of derivatives such as futures and options in interest rates, currencies and equity indexes, its chief executive said.

The exchange, one of the main entry points for foreign funds looking to tap Africa’s fast-growing economies, now only offers shares, bonds and exchange-traded funds.

Read more: Nigeria bourse aims to offer derivatives by 2016 | Reuters.

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