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FMDQ sponsors workshop on derivatives

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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, Brett Gallie, partner at Clifford Chance, Derivatives and Structured Trades, Matthew Grigg, and managing director/CEO, FMDQ OTC Securities Exchange, Bola Onadele (Koko) have all confirmed their attendance at the Swaps and Derivatives Workgroup’s Financial Markets Workshop.
The event, organised by the Swaps and Derivatives WorkGroup of the Financial Market Dealers Association of Nigeria (FMDA), which holds at Lagos Continental Hotel, Victoria Island, on March 19, will focus on the theme: ‘Legal Documentation as Driver to introducing New Products and a Healthier Financial Market in Nigeria.’
According to the association, the theme is not only timely and apt, but also expected to discuss the standardisation of documentations in Nigeria’s market with a 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.
The chairman, Swaps and Derivatives Workgroup and FMDA president, Samuel Ocheho, will deliver the opening remarks at the event.
According to FMDA, Gallie and Griggs will be speaking on Market Documentation and the need for Standardisation 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, Olubunmi Fayokun will be moderating on the topic Transaction Netting in Nigeria – The Way Forward with other renowned panellists that will also contribute to make the event remarkable among whom are Yinka Edu – partner, Udo Udoma Bello Osagie & Co and Zeal Akaraiwe, CEO, Graeme Blaque.
The FMDA is an association of licensed deposit money banks operating within the Nigeria financial market, emphasising on regulatory policy engagement/advocacy and professional ethics in the financial markets.
 

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