By Modupe Gbadeyanka
A training seminar on the legal and risk aspects of derivatives and Central Counterparty Clearing (CCP) transactions will take place today, Monday, June 12, 2017. The training will run from today till Thursday, June 15, 2017.
The event, organised by the Nigerian Stock Exchange (NSE), is scheduled to hold at the Civic Centre on Ozumba Mbadiwe Road, Victoria Island, Lagos from 9am – 5pm.
At the seminar, participants would be equipped with the requisite knowledge of the legal framework, legal documentation and transactional skills necessary for the success of all Derivatives and CCP transactions.
They will also be taught the unique dispute resolution mechanism for Derivatives and CCP transactions​ and expound on the various risks associated with Derivatives and CCP transactions.
In addition, the seminar will enable participants understand the concept of Derivatives from two main broad perspectives i.e. (Exchange Traded Derivatives (ETDs) and Over-The-Counter (OTCs) Derivatives) in preparation for the imminent launch of the ETDs and the CCP market wide infrastructure by the NSE and relevant stakeholders in the Nigerian capital market.
Facilitators at this training seminar include Hogan Lovells LLP; Clifford Chance; NASDAQ OMX (2nd largest exchange in the world); Hedgefund Academy (Specialist Derivatives Training Providers of the Johannesburg Stock Exchange) etc.