Q-Estimator Naira Settled OTC FX Fututes

Q-Estimator

Home Cleared USD/NGN NDFs

Cleared Naira-settled Non-Deliverable Forwards ("Cleared USD/NGN NDFs") are derivatives contracts where parties agree to an exchange rate for a predetermined date in the future, without the obligation to deliver the underlying currencies (US Dollar and Nigerian Naira) on the maturity/settlement date.

COST OF HEDGE

PROFIT/LOSS

COST OF HEDGE

Contract Tenor (M)*
Contract Rate ($/₦)*
Contract Value ($)*

Cost of Hedge (₦)
Cost of Hedge Per Dollar ($/₦)

* Required Fields

Note

M - Month

Should you require further clarification on FMDQ Derivatives market, kindly contact the Derivatives Business Group via email at dbg@fmdqgroup.com or call +234-907-035-9954.