FMDQ Securities Exchange Limited is set to host a live webinar for stakeholders of the Nigerian financial market with a view to discussing the topic – Combating Currency Exchange Volatility through Risk Management Tools.
The webinar, which is scheduled to hold via Zoom Cloud Meetings on Wednesday, June 17, 2020, from 12:00 noon (West African Time), will provide an opportunity for market participants, including Nigerian corporates, foreign portfolio investors (FPIs), foreign direct investors (FDIs) and other investors, to improve their knowledge of derivatives products as well as demystify the concept of hedging their FX exposures in the Nigerian financial market.
Group Chief Executive Officer Mr. Bola Onadele in a press statement described the event as crucial, he said ‘’Managing risks and the volatilities presented by the current crisis cannot be overemphasised as they are a critical measure for business continuity at such a time as now and beyond, and businesses as well as individuals with interests across global markets must acknowledge, anticipate, and effectively manage these risks to enhance efficient financial planning and operations. ‘’
He also noted that the Coronavirus pandemic (COVID-19) has not only affected governments, communities and families, but has impacted global economies, bringing about unprecedented market uncertainties and fluctuations, thereby making the management of volatilities, such as market, credit, foreign exchange (FX), become increasingly imperative for continued survival of businesses.
Interested participants are encouraged to register for the event at www.fmdqgroup.com/Webinar/