FMDQ Holds Sensitisation Session for Corporate Treasurers

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FMDQ Holds Sensitisation Session for Corporate Treasurers. Following the recent launch of the Naira-Settled OTC FX Futures market on Monday, June 27, 2017, FMDQ OTC Securities Exchange (FMDQ) held an OTC FX Futures Sensitisation Session for corporate treasurers. This Session, which took place on June 29, 2016 in Victoria Island, Lagos, is the first of more to come, with the aim of educating the corporate treasurers on exactly how the Naira-Settled OTC FX Futures Market works, and also to empower the treasurers to actively participate and not miss out on what the FX market has to offer.

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The Session had in attendance over sixty (60) corporate treasurers from different sectors of the economy, and commenced with a welcome note from Mr. Dipo Odeyemi, Senior Vice President and Divisional Head, Market Operations & Technology, FMDQ. This was then followed by a presentation by Ms. Tumi Sekoni, Vice President and Divisional Head, Marketing & Business Development, FMDQ; which primarily focused on the following areas:

  • The Naira-Settled OTC FX Futures Product and its Participants
  • The Benefits of the Product: To the Economy and Corporates
  • Naira-Settled OTC FX Futures Contract Specification
  • Naira-Settled OTC FX Futures Contract Trade Flow
  • The Role of FMDQ as a Change Agent
  • The Questions and Discussion segment was very interactive and educative. The Session ended with a cocktail and networking reception.

     
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