{"id":1022388,"date":"2023-07-24T11:02:55","date_gmt":"2023-07-24T11:02:55","guid":{"rendered":"https:\/\/fmdqgroup.com\/exchange\/?page_id=1022388"},"modified":"2023-08-17T08:55:58","modified_gmt":"2023-08-17T08:55:58","slug":"exchange-traded-derivatives","status":"publish","type":"page","link":"https:\/\/fmdqgroup.com\/exchange\/exchange-traded-derivatives\/","title":{"rendered":"Exchange-Traded  Derivatives"},"content":{"rendered":"<p><b style=\"color: var(--ast-global-color-2); font-size: 20px; font-style: inherit; font-family: var( --e-global-typography-text-font-family ), Sans-serif text-align=;\">Exchange-Traded Derivatives Products<\/b><\/p>\n<p>After conducting a comprehensive feasibility study and successfully implementing the FMDQ Derivatives Market Development Project, FMDQ Exchange has activated its Exchange-Traded Derivatives (ETD) market.<\/p>\n<p>This flagship Project aims to deliver a dynamic and viable platform for ETD in the Nigerian financial markets. The FMDQ ETD market was activated with two (2) exciting products:<\/p>\n<ul>\n<li><strong>FGN Bond Futures:<\/strong> standardised derivatives contracts that create an obligation to buy or sell an FGN bond at a predetermined price on a specified date<\/li>\n<li><strong>Naira-Settled Exchange-Traded FX Futures :<\/strong> standardised derivatives contracts that establish an obligation to exchange cashflows on a specified date, based on the predetermined rate of the United States Dollar (USD) relative to the Nigerian Naira (NGN)<\/li>\n<\/ul>\n<p>FMDQ Exchange will continue to introduce other ETD products with diverse underlying assets in the medium- to long-term.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\">Product Information<\/a><br \/>\n\t\t\t\t\t<input type=\"hidden\" id=\"current_category_4830\" value=\"4830\" \/>                    <input type=\"hidden\" id=\"current_category_slug_4830\" value=\"product-information-otc-derivatives-1\" \/>                    <input type=\"hidden\" id=\"current_ordering_4830\" value=\"ordering\" \/>                    <input type=\"hidden\" id=\"current_ordering_direction_4830\" value=\"asc\" \/>                    <input type=\"hidden\" id=\"page_limit_4830\" value=\"10\" \/><input type=\"hidden\" id=\"wpfd_display_empty_category_message\" value=\"0\" \/><input type=\"hidden\" id=\"wpfd_empty_category_message_val\" value=\"This file category has no files to display\" \/><input type=\"hidden\" id=\"wpfd_display_empty_folder\" value=\"0\" \/><input type=\"hidden\" id=\"wpfd_is_empty_subcategories\" value=\"1\" \/><input type=\"hidden\" id=\"wpfd_is_empty_files\" value=\"1\" \/>                            <\/p>\n<table>\n<thead>\n<tr>\n<th>Title<\/th>\n<th>Size<\/th>\n<th>Download<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr data-id=\"1022408\"                    data-catid=\"4830\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022408\/fmdq-naira-settled-exchange-traded-fx-futures-contract-specification-2.pdf\" title=\"FMDQ-Naira-Settled-Exchange-Traded-FX-Futures-Contract-Specification\">                                                                FMDQ-Naira-Settled-Exchange-Traded-FX-Futures-Contract-Specification                            <\/a><\/td>\n<td>161.11 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022408\/fmdq-naira-settled-exchange-traded-fx-futures-contract-specification-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4830%26wpfd_file_id%3D1022408%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022408\" data-catid=\"4830\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022409\"                    data-catid=\"4830\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022409\/fmdq-federal-government-of-nigeria-bond-futures-contract-specification-2.pdf\" title=\"FMDQ-Federal-Government-of-Nigeria-Bond-Futures-Contract-Specification\">                                                                FMDQ-Federal-Government-of-Nigeria-Bond-Futures-Contract-Specification                            <\/a><\/td>\n<td>204.62 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022409\/fmdq-federal-government-of-nigeria-bond-futures-contract-specification-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4830%26wpfd_file_id%3D1022409%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022409\" data-catid=\"4830\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022410\"                    data-catid=\"4830\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022410\/fmdq-naira-settled-exchange-traded-fx-futures-brochure-2.pdf\" title=\"FMDQ-Naira-Settled-Exchange-Traded-FX-Futures-Brochure\">                                                                FMDQ-Naira-Settled-Exchange-Traded-FX-Futures-Brochure                            <\/a><\/td>\n<td>3.16 MB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022410\/fmdq-naira-settled-exchange-traded-fx-futures-brochure-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4830%26wpfd_file_id%3D1022410%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022410\" data-catid=\"4830\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022411\"                    data-catid=\"4830\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022411\/fmdq-fgn-bond-futures-brochure.pdf\" title=\"FMDQ-FGN-Bond-Futures-Brochure\">                                                                FMDQ-FGN-Bond-Futures-Brochure                            <\/a><\/td>\n<td>12.20 MB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022411\/fmdq-fgn-bond-futures-brochure.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4830%26wpfd_file_id%3D1022411%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022411\" data-catid=\"4830\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022615\"                    data-catid=\"4830\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022615\/fmdq-fgn-bond-futures-underlying-securities.pdf\" title=\"FMDQ FGN Bond Futures Underlying Securities\">                                                                FMDQ FGN Bond Futures Underlying Securities                            <\/a><\/td>\n<td>123.35 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4830\/product-information\/1022615\/fmdq-fgn-bond-futures-underlying-securities.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4830%26wpfd_file_id%3D1022615%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022615\" data-catid=\"4830\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\">Market Regulation and Requirements<\/a><br \/>\n\t\t\t\t\t<input type=\"hidden\" id=\"current_category_4831\" value=\"4831\" \/>                    <input type=\"hidden\" id=\"current_category_slug_4831\" value=\"market-regulation-and-requirements-otc-derivatives-1\" \/>                    <input type=\"hidden\" id=\"current_ordering_4831\" value=\"ordering\" \/>                    <input type=\"hidden\" id=\"current_ordering_direction_4831\" value=\"asc\" \/>                    <input type=\"hidden\" id=\"page_limit_4831\" value=\"10\" \/><input type=\"hidden\" id=\"wpfd_display_empty_category_message\" value=\"0\" \/><input type=\"hidden\" id=\"wpfd_empty_category_message_val\" value=\"This file category has no files to display\" \/><input type=\"hidden\" id=\"wpfd_display_empty_folder\" value=\"0\" \/><input type=\"hidden\" id=\"wpfd_is_empty_subcategories\" value=\"1\" \/><input type=\"hidden\" id=\"wpfd_is_empty_files\" value=\"1\" \/>                            <\/p>\n<table>\n<thead>\n<tr>\n<th>Title<\/th>\n<th>Size<\/th>\n<th>Download<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr data-id=\"1022412\"                    data-catid=\"4831\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4831\/market-regulation-and-requirements\/1022412\/fmdq-derivatives-trading-membership-requirements-2.pdf\" title=\"FMDQ-Derivatives-Trading-Membership-Requirements\">                                                                FMDQ-Derivatives-Trading-Membership-Requirements                            <\/a><\/td>\n<td>386.46 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4831\/market-regulation-and-requirements\/1022412\/fmdq-derivatives-trading-membership-requirements-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4831%26wpfd_file_id%3D1022412%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022412\" data-catid=\"4831\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022413\"                    data-catid=\"4831\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4831\/market-regulation-and-requirements\/1022413\/sec-approved-fmdq-exchange-derivatives-market-rules-2.pdf\" title=\"SEC-Approved-FMDQ-Exchange-Derivatives-Market-Rules\">                                                                SEC-Approved-FMDQ-Exchange-Derivatives-Market-Rules                            <\/a><\/td>\n<td>466.25 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4831\/market-regulation-and-requirements\/1022413\/sec-approved-fmdq-exchange-derivatives-market-rules-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4831%26wpfd_file_id%3D1022413%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022413\" data-catid=\"4831\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022414\"                    data-catid=\"4831\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4831\/market-regulation-and-requirements\/1022414\/sec-approved-clearing-member-rules-2.pdf\" title=\"SEC-Approved-Clearing-Member-Rules\">                                                                SEC-Approved-Clearing-Member-Rules                            <\/a><\/td>\n<td>390.63 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4831\/market-regulation-and-requirements\/1022414\/sec-approved-clearing-member-rules-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4831%26wpfd_file_id%3D1022414%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022414\" data-catid=\"4831\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022415\"                    data-catid=\"4831\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4831\/market-regulation-and-requirements\/1022415\/fmdq-derivatives-clearing-membership-requirements-2.pdf\" title=\"FMDQ-Derivatives-Clearing-Membership-Requirements\">                                                                FMDQ-Derivatives-Clearing-Membership-Requirements                            <\/a><\/td>\n<td>760.79 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4831\/market-regulation-and-requirements\/1022415\/fmdq-derivatives-clearing-membership-requirements-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4831%26wpfd_file_id%3D1022415%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022415\" data-catid=\"4831\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\">Framework and Methodology<\/a><br \/>\n\t\t\t\t\t<input type=\"hidden\" id=\"current_category_4832\" value=\"4832\" \/>                    <input type=\"hidden\" id=\"current_category_slug_4832\" value=\"framework-and-methodology-otc-derivatives-1\" \/>                    <input type=\"hidden\" id=\"current_ordering_4832\" value=\"ordering\" \/>                    <input type=\"hidden\" id=\"current_ordering_direction_4832\" value=\"asc\" \/>                    <input type=\"hidden\" id=\"page_limit_4832\" value=\"10\" \/><input type=\"hidden\" id=\"wpfd_display_empty_category_message\" value=\"0\" \/><input type=\"hidden\" id=\"wpfd_empty_category_message_val\" value=\"This file category has no files to display\" \/><input type=\"hidden\" id=\"wpfd_display_empty_folder\" value=\"0\" \/><input type=\"hidden\" id=\"wpfd_is_empty_subcategories\" value=\"1\" \/><input type=\"hidden\" id=\"wpfd_is_empty_files\" value=\"1\" \/>                            <\/p>\n<table>\n<thead>\n<tr>\n<th>Title<\/th>\n<th>Size<\/th>\n<th>Download<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr data-id=\"1022417\"                    data-catid=\"4832\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4832\/framework-and-methodology\/1022417\/fmdq-exchange-traded-derivatives-market-fees-dues-framework-2.pdf\" title=\"FMDQ Exchange-Traded Derivatives Market Fees &amp; Dues Framework\">                                                                FMDQ Exchange-Traded Derivatives Market Fees &amp; Dues Framework                            <\/a><\/td>\n<td>277.49 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4832\/framework-and-methodology\/1022417\/fmdq-exchange-traded-derivatives-market-fees-dues-framework-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4832%26wpfd_file_id%3D1022417%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022417\" data-catid=\"4832\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022416\"                    data-catid=\"4832\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4832\/framework-and-methodology\/1022416\/fmdq-exchange-futures-settlement-price-methodology-2.pdf\" title=\"FMDQ-Exchange-Futures-Settlement-Price-Methodology\">                                                                FMDQ-Exchange-Futures-Settlement-Price-Methodology                            <\/a><\/td>\n<td>364.84 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4832\/framework-and-methodology\/1022416\/fmdq-exchange-futures-settlement-price-methodology-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4832%26wpfd_file_id%3D1022416%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022416\" data-catid=\"4832\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\">Risk Management Documentation<\/a><br \/>\n\t\t\t\t\t<input type=\"hidden\" id=\"current_category_4833\" value=\"4833\" \/>                    <input type=\"hidden\" id=\"current_category_slug_4833\" value=\"risk-management-documentation-otc-derivatives-1\" \/>                    <input type=\"hidden\" id=\"current_ordering_4833\" value=\"ordering\" \/>                    <input type=\"hidden\" id=\"current_ordering_direction_4833\" value=\"asc\" \/>                    <input type=\"hidden\" id=\"page_limit_4833\" value=\"10\" \/><input type=\"hidden\" id=\"wpfd_display_empty_category_message\" value=\"0\" \/><input type=\"hidden\" id=\"wpfd_empty_category_message_val\" value=\"This file category has no files to display\" \/><input type=\"hidden\" id=\"wpfd_display_empty_folder\" value=\"0\" \/><input type=\"hidden\" id=\"wpfd_is_empty_subcategories\" value=\"1\" \/><input type=\"hidden\" id=\"wpfd_is_empty_files\" value=\"1\" \/>                            <\/p>\n<table>\n<thead>\n<tr>\n<th>Title<\/th>\n<th>Size<\/th>\n<th>Download<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr data-id=\"1022418\"                    data-catid=\"4833\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022418\/fmdq-clear-collateral-policy-2.pdf\" title=\"FMDQ-Clear-Collateral-Policy\">                                                                FMDQ-Clear-Collateral-Policy                            <\/a><\/td>\n<td>207.46 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022418\/fmdq-clear-collateral-policy-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4833%26wpfd_file_id%3D1022418%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022418\" data-catid=\"4833\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022419\"                    data-catid=\"4833\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022419\/fmdq-clear-initial-margin-policy-2.pdf\" title=\"FMDQ-Clear-Initial-Margin-Policy\">                                                                FMDQ-Clear-Initial-Margin-Policy                            <\/a><\/td>\n<td>236.00 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022419\/fmdq-clear-initial-margin-policy-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4833%26wpfd_file_id%3D1022419%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022419\" data-catid=\"4833\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022420\"                    data-catid=\"4833\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022420\/fmdq-clear-default-fund-policy-2.pdf\" title=\"FMDQ-Clear-Default-Fund-Policy\">                                                                FMDQ-Clear-Default-Fund-Policy                            <\/a><\/td>\n<td>223.62 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022420\/fmdq-clear-default-fund-policy-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4833%26wpfd_file_id%3D1022420%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022420\" data-catid=\"4833\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022421\"                    data-catid=\"4833\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022421\/fmdq-clear-variation-margin-policy-2.pdf\" title=\"FMDQ-Clear-Variation-Margin-Policy\">                                                                FMDQ-Clear-Variation-Margin-Policy                            <\/a><\/td>\n<td>222.17 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022421\/fmdq-clear-variation-margin-policy-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4833%26wpfd_file_id%3D1022421%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022421\" data-catid=\"4833\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022422\"                    data-catid=\"4833\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022422\/fmdq-clear-default-management-policy-2.pdf\" title=\"FMDQ-Clear-Default-Management-Policy\">                                                                FMDQ-Clear-Default-Management-Policy                            <\/a><\/td>\n<td>299.10 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022422\/fmdq-clear-default-management-policy-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4833%26wpfd_file_id%3D1022422%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022422\" data-catid=\"4833\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<tr data-id=\"1022423\"                    data-catid=\"4833\">\n<td><a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022423\/fmdq-clear-stress-testing-policy-2.pdf\" title=\"FMDQ-Clear-Stress-Testing-Policy\">                                                                FMDQ-Clear-Stress-Testing-Policy                            <\/a><\/td>\n<td>220.37 KB<\/td>\n<td>                            <a href=\"https:\/\/fmdqgroup.com\/exchange\/download\/4833\/risk-management-documentation\/1022423\/fmdq-clear-stress-testing-policy-2.pdf\" style=\"background-color:#cc9933;color:#ffffff;\" target=\"\" rel=\"noopener\">Download<\/a><a href=\"https:\/\/docs.google.com\/viewer?url=https%3A%2F%2Ffmdqgroup.com%2Fexchange%2Fwp-admin%2Fadmin-ajax.php%3Faction%3Dwpfd%26task%3Dfile.download%26wpfd_category_id%3D4833%26wpfd_file_id%3D1022423%26token%3D858dbed3f4d738c8acf9f74f6df94b7f%26preview%3D1&#038;embedded=true\" target=\"\" data-id=\"1022423\" data-catid=\"4833\" data-file-type=\"pdf\" rel=\"noopener\">Preview                        <\/a>                        <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6><strong>FMDQ Derivatives Market Podcast (\u201cQ-Dialogue\u201d)<\/strong><\/h6>\n<p>Q-Dialogue, an FMDQ-dedicated colloquy, features discussions on the development of the FMDQ Exchange-Traded Derivatives market, particularly key milestones\/activities, as well as products developed and introduced by FMDQ Exchange. The Q-Dialogue explores intriguing topics, opportunities, and trends in the FMDQ Derivatives market.<\/p>\n<h5><a href=\"https:\/\/fmdqgroup.com\/derivatives-podcast\/\">Watch the FMDQ Q-Dialogue<\/a><\/h5>\n<h6><strong>FMDQ Derivatives Explainer Videos<\/strong><\/h6>\n<p>The FMDQ Explainer Videos are animated videos that provide a simplified explanation of the Derivatives Market &#8211; its history, definition, product types and users of derivatives, amongst others. They aim to provide an easy understanding of the often-complicated concept of derivatives.<!--EndFragment --><\/p>\n<p>To know more about the FMDQ ETD market products, please contact our Derivatives Business Group via email at\u00a0<a title=\"mailto:dbg@fmdqgroup.com\" href=\"mailto:dbg@fmdqgroup.com\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Link dbg@fmdqgroup.com\">dbg@fmdqgroup.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exchange-Traded Derivatives Products After conducting a comprehensive feasibility study and successfully implementing the FMDQ Derivatives Market Development Project, FMDQ Exchange has activated its Exchange-Traded Derivatives (ETD) market. This flagship Project aims to deliver a dynamic and viable platform for ETD in the Nigerian financial markets. The FMDQ ETD market was activated with two (2) exciting [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-1022388","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/pages\/1022388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/comments?post=1022388"}],"version-history":[{"count":1,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/pages\/1022388\/revisions"}],"predecessor-version":[{"id":1088451,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/pages\/1022388\/revisions\/1088451"}],"wp:attachment":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/media?parent=1022388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}