Nigeria Bourse To Add Futures Trading

Nigerian Stock Exchange is considering starting trading in securities, including equity options and futures.

Nigerian Stock Exchange is considering starting trading in securities, including equity options and futures, Bloomberg reports. The five proposed asset class options to be added are exchange-traded bonds, equity options, index options and derivatives and financial features, adds WorldStage.

The introduction of financial options and futures may take about two years to implement. Nigeria’s bourse currently offers equities and bonds with only 196 companies on its main board.

Click here for the story from Bloomberg.

Click here for the additional coverage from WorldStage.