NG Clearing debuts, aims to be Nigeria’s top counterparty clearing house

NG Clearing debuts, aims to be Nigeria’s top counterparty clearing house


NG Clearing Limited has secured approval in principle from the Securities and Exchange Commission (SEC) to launch clearing and settlement of Exchange traded derivative products, as Nigeria’s premier Central Counterparty Clearing House (CCP). NG Clearing’s role as a CCP in Nigeria’s financial ecosystem is to ensure safety of the market by managing counterparty credit risk,…

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