Business

FMDQ sponsors FMDA workshop on derivatives

Mathew Dadiya

The FMDQ OTC Securities Exchange will be sponsoring the Financial Market Dealers Association, FMDA, Conference on deepening the derivatives market holding next week in Lagos.

The International Swaps and Derivatives Association (ISDA) Africa Chairman, Mr. Brett Gallie, Partner at Clifford Chance, Derivatives and Structured Trades, Mr. Matthew Grigg and Managing Director/CEO, FMDQ OTC Securities Exchange, Mr. Bola Onadele (Koko)

have all confirmed their attendance at the Swaps & Derivatives Workgroup’s Financial Markets Workshop holding in Lagos.

The event, organised by the Swaps and Derivatives WorkGroup of the Financial Market Dealers Association of Nigeria (FMDA) will hold at the prestigious Lagos Continental Hotel, Victoria Island, Lagos on Tuesday, March 19, 2019.

It will focus on the theme: “Legal Documentation as Driver to introducing New Products and a Healthier Financial Market in Nigeria.”

The association stated that the theme is not only timely and apt but expected to discuss the standardization of documentation in Nigeria’s market with the view of boosting the integrity of markets and attract investors’ trust and confidence to the market.

The event is expected to commence at 8.30am and end by 2.00pm. The opening remarks at the event will be delivered by the Chairman, Swaps & Derivatives Workgroup and FMDA President, Mr Samuel Ocheho.

According to FMDA, Gallie and Grigg will be speaking on Market Documentation and the need for Standardization while Onadele will speak on the Need for Derivatives in the Nigerian Financial Markets and FMDQ’s plan for product roll-out this year.

Partner, Aluko & Oyebode Mrs Olubunmi Fayokun will be moderating on the topic Transaction Netting in Nigeria – The Way Forward with other renowned panellists which will also contribute to making the event remarkable among whom are Mrs Yinka Edu – Partner, Udo Udoma Bello Osagie & Co and Mr Zeal Akaraiwe, CEO, Graeme Blaque.

The FMDA is an association of licensed Deposit Money Banks (DMBs) operating within the Nigeria Financial market, emphasizing on regulatory policy engagement/advocacy and professional ethics in the financial markets.

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Ihesiulo Grace