If you want to get
@farooqoreagba
's attention, you need to know one or two things about something he is passionate about: "Derivatives and the role of NG Clearing the derivatives market". This link below is a good place to start.
We are proud to announce that Farooq Oreagba
@vaiper66
, our MD/CEO Designate, has been recognized as an Honorary Global Ambassador for the National Council for Arts and Culture, under the leadership of
@obiasika
Happy birthday to the man who cleared cancer from his life and now clears trades like a boss!
@vaiper66
, you've gone from stock exchange strategist to NG Clearing CEO and style icon.
Our MD/CEO,
@vaiper66
, joined the panel at Comercio Partners H2 2024 Economic Outlook Conference yesterday. Theme: Strategic depth vs. Tactical simplicity in Nigeria's financial markets. Valuable insights shared on Nigeria's economic landscape.
#NGClearing
#EconomicOutlook2024
Today in Abuja, our CEO
@vaiper66
met with NIPC's Aisha Rimi and FRCN's Dr. Rabiu Olowo. These key meetings with Nigeria's investment and regulatory leaders underscore our commitment to growth and compliance. Excited for future collaborations!
Earlier today, our MD and CEO, Farooq Oreagba alongside our General Counsel and Company Secretary Franca Egwuekwe participated at the ongoing West Africa Capital Market Conference WACmaC 2023 hosted by
@SECNigeria
Here are some pictures from the conference
#wacmac2023
Initial Margin is a term you would hear often in the derivatives market. Here is what Initial margin entails.
For the derivatives market to run smoothly, investors are not required to fully fund thier transactions.
We are glad to inform you that NGX30Z4 and NGXPENSIONZ4 contracts have been listed and are available for trading on the Nigerian Exchange Group (NGX Group) derivatives platform. The contracts will expire on December 20, 2024.
Visit to see all contracts.
We
@ng_clearing
have formalized our partnership with
@AFEXNigeria
to develop the infrastructure that facilitates trading and central clearing of futures contracts for commodities such as cocoa, paddy rice, maize, and soybean in Nigeria.
We have successfully cleared the first-ever exchange-traded derivatives contract in the Nigerian Capital Market.
The trade was executed on the platform of
@ngxgrp
, with
@myaccessbank
and
@ZenithBank
as pioneer Clearing Members. 1/2
By 2:30 pm WAT today, Tuesday, February 13, 2024, our MD/CEO Designate, Farooq Oreagba, will be on CNBC Africa to discuss '2024 Outlook for Nigeria's Derivatives Market'.
Visit to stream.
Last week, we held the most intensive, hands-on derivatives training yet in the Nigerian Capital Market. Over the 2 days, Trading License Holders, Clearing Members, prospective derivatives market participants,
NG Clearing's role in Nigeria's Exchange-Traded Derivatives market is just like the role of the heart in the body. Our services ensure the market runs smoothly.
Visit to know more.
#derivatives
#capitalmarket
Earth Needs Your Help!
Earth Day reminds us to reflect on our impact on the planet and how we can take action to protect our only home.
Here's how you can help our planet overcome the challenge of climate change.
#conservation
#earthday
#climatechange
For the derivatives market to run smoothly, investors are not required to fully fund thier transactions. However, to reduce risk, investors are required to fund the estimated future potential exposure or loss. This estimate is called Initial Margin.
#Finance
#derivatives
AFEX’s commodity exchange will serve as the trading venue while NG Clearing will serve as the Central Counterparty that guarantees the settlement of trades.
The signing ceremony formalizes the commencement of a partnership aimed at transforming Nigeria's agricultural value chain.
@vaiper66
May your day be as successful as your business ventures, as bold as your tattoos, and as smooth as your horse rides. Here's to another year of clearing obstacles and turning heads – with your unstoppable spirit! 🐎💼🎂
#BirthdayBoss
#CancerSlayer
#ClearingCEO
#FashionMogul
The process of Novation is crucial to NG Clearing's role as a CCP. For trades to be guaranteed, NG Clearing comes between the buyer and the seller in a derivatives contract. NG Clearing becomes the seller to the buyer and the buyer to the seller.
#derivatives
#capitalmarkets
At NG Clearing, we take pride in our commitment to championing diversity and inclusion. As we commemorate International Women's Day, we amplify our voices to advocate for
#InspiringInclusion
.
Happy International Women's Day!
As a key Financial Market Infrastructure (FMI), we join the global financial and investment ecosystem to commemorate the 2023 edition of the International Organization of Securities Commissions (IOSCO) World Investor Week.
NG Clearing's role in Nigeria's Exchange-Traded Derivatives market is just like that of a plumbing system. We ensure the smooth flow of all transactions in the derivatives market.
Visit our website at to know more.
#derivatives
#capitalmarkets
Merry Christmas from all of us at NG Clearing.
May your days be filled with laughter, your hearts with love, and your homes with the comforting embrace of family and friends.
May the beauty of Christmas illuminate your path, bringing you peace, happiness, and cherished moments.
...aligns with NG Clearing's values and strategic objectives. Commenting on the appointment, Mr. Oscar N. Onyema, OON, Chairman, Board of Directors, NG Clearing Limited, stated "After a transparent, competitive and comprehensive search process, the Board is pleased...
3/4
On June 21, 2024, 2 contracts expired: NGX30H4 and NGXPENSIONH4. Follow the link below to see all the details of the expired contracts with sample scenarios.
As a (CCP), we are all about improving Nigeria's Exchange-Traded Derivatives Market.
Your views and opinions can help us improve your experience in the Exchange-Traded-Derivatives Market.
Kindly visit to respond to the survey.
If you have been curious about what variation margin in the derivatives market entails, here is your answer.
Variation margin is the unrealized profit or loss on an open derivatives position. This amount is credited or debited from a client's account daily.
For being pillars who support without minding the weight of your obligations, for being selfless and unrelenting, we celebrate you. Happy International Men's Day.
#InternationalMensDay2022
Today, we celebrate all those whose hard work, energy, and dedication contribute to the smooth running of our country's economy.
#happyworkersday
#may1st
#mayday
We are glad to inform you that NGX30H5 and NGXPENSIONH5 contracts have been listed and are available for trading on the Nigerian Exchange Group (NGX Group) derivatives platform. The contracts will expire on March 21, 2025.
Visit to see all contracts.
We are glad to inform you that NGX30UZ3 and NGXPENSIONZ3 contracts have been successfully listed and are available for trading on the
@ngxgrp
platform.
Visit to see all listed contracts.
Our focus on customers' needs drives our spirit of innovation. This is why we are able to deliver excellent post-trade services that unlock unique opportunities for participants in Nigeria's derivatives market. Happy Customer Service Week!
#customerservice
#innovation
#ngclearing
Clearing and Settlement of Derivative Contracts is one of the core functions of NG Clearing Limited. While clearing and settlement are common terms in financial markets, is it not always easy to see the difference.
As part of our social impact and corporate social responsibility initiatives, we recently visited and made donations to Hearts of Gold Hospice. A care and management center in Lagos dedicated to children with life-limiting mental and extreme physical disabilities.
Join us today, Thursday, 23 June 2022 at 10:00 am WAT for the Derivatives Market Webinar in collaboration with
@ngxgrp
and
@cisnigeria
Follow this link to participate
We often get asked what our role as a Central Counterparty entails. Here is a quick guide to our roles in the financial ecosystem. Follow the link to read.
@farooqoreagba
is passionate about derivatives in Nigeria. He never turns away from opportunities to share his belief and commitment to unlocking the potential of Nigeria's derivatives market. In this link he shares his outlook for derivatives in Nigeria
This week, as a continuation of our derivatives-focused investor literacy initiatives, we will be sharing tips on the role of NG Clearing as a Central Counterparty(CCP) in the derivatives ecosystem.
If you have been curious about how to interpret derivative symbols, here is a guide.
The derivative symbol is a unique identifier for a derivative symbol. It is a combination of the underlying asset and the expiry date of the contract.
#clearing
#ngclearing
#derivatives
...to have found the best individual to assume leadership of this world-class organization. We are thrilled to have Mr. Farooq Oreagba as our next MD/CEO, and we are confident that his visionary leadership will further enhance the position of NG Clearing as a Strategic FMI.
4/4
This amount is called the initial margin. This margin is one of the measures NG Clearing Limited deploys in keeping the derivatives market safe and stable. You can check the margin requirements of the currently listed contracts on
Managing risk in the derivatives market is one of the core functions of NG Clearing as a Central Counterparty (CCP). Use the link below to learn how NG Clearing keeps the exchange-traded derivatives market safe and stable.
NG Clearing is proud to celebrate Aisha Rimi
@rimi_aisha
on her appointment as CEO of the Nigeria Investment Promotion Commission(NIPC).
Her appointment is a testament to her unwavering commitment to Nigeria and her people. We wish her great success.
We are glad to inform you that NGX30M4 and NGXPENSIONM4 contracts have been listed and are available for trading on the Nigerian Exchange Group (NGX Group) derivatives platform. The contracts will expire on July 21, 2024.
Visit to see all contracts.