Update1: FMDQ hails CBN’s Naira-Settled OTC FX Futures market  

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The FMDQ Securities Exchange has hailed the Naira settled OTC FX futures market being facilitated by the Central Bank of Nigeria (CBN) calling it an innovative product helping to oil the Nigerian economy. In a statement yesterday, the exchange said “the development of a vibrant market to effectively hedge risks remains pivotal to the development…

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The post Update1: FMDQ hails CBN’s Naira-Settled OTC FX Futures market   appeared first on BusinessDay : News you can trust.


Source: Business Day Online