6 results
- 15 Jun 2021
NG Clearing Limited Becomes Nigeria’s Premier Central Counterparty
Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function of a central counterparty…
- 10 Dec 2021
The Nigerian Capital Market Witnessed the Emergence of Its First Central Counterparty
The Nigerian Capital Market on Thursday, December 9, 2021, witnessed a monumental milestone as NG Clearing limited, the first Central Counterparty in West Africa, formally launched her operations.…
- 19 Jan 2021
NG Clearing Acquires Clearing, Settlement Technology for its Operations
Following the receipt of an approval in principle from the Securities and Exchange Commission (SEC) in September 2020, to clear and settle exchange traded derivatives instruments, Nigeria’s premier…
- 16 Jun 2021
SEC Grants NG Clearing Approval to Operate
The Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function of a central counterparty (CCP) with effect from June 7, 2021. This…
- 3 Dec 2021
NG Clearing Sets to Launch as West Africa’s First Central Counterparty
The Nigerian financial services sector is agog as all is now set for the formal launch of NG Clearing Limited, the first central counterparty (CCP) in West Africa, on Thursday, 9 December 2021. The…
- 18 Apr 2022
NGX Launches West Africa’s First Exchange-traded Derivatives Market
Nigerian Exchange Limited has launched West Africa’s first Exchange Traded Derivatives Market with Equity Index Futures Contracts. It said in a statement over the weekend that this was consistent…