FREQUENTLY ASKED QUESTIONS
- What is the Investors’ & Exporters’ FX Window?
- Who can participate in the I&E FX Window?
- What are the Permitted Transactions at the I&E FX Window?
- How can I execute trades at this Window?
- Will Certificates of Capital Importation (“CCIs”) still be issued for new foreign currency inflows sold at the Window?
- How can I track the activity in this Window?
- WHAT IS A ROLLOVER OF AN OTC FX FUTURES CONTRACT UNDER THE PROVISIONS OF MB-33?
- WHAT ARE THE CONDITION(S) FOR THE ROLLOVER OF AN OTC FX FUTURES CONTRACT?
- DOES THE ROLLOVER AFFECT ANY OF THE TERMS AND CONDITIONS FOR BUYING OTC FX FUTURES CONTRACTS AS STIPULATED UNDER THE OTC FX FUTURES MARKET OPERATIONAL STANDARDS?
- 4. WHEN DOES THE ROLLOVER MECHANISM BECOME EFFECTIVE AND WHICH OTC FX FUTURES CONTRACTS ARE ELIGIBLE?
- WHAT IS THE MINIMUM SIZE OF A ROLLOVER OTC FX FUTURES CONTRACT?
- WHAT TENOR(S) OF OTC FX FUTURES CONTRACTS CAN BE ROLLED OVER?
- What is NIBOR?
- What is the NIBOR Philosophy?
- How is NIBOR Determined?
- How many NIBOR tenors are published?
- How does FMDQ as the NIBOR administrator ensure the Reference Banks take their responsibilities seriously?
- How would FMDQ ensure NIBOR meets the Principles for Financial Benchmarks issued by the International Organisation of Securities Commissions (“IOSCO”)?
- What does the OXFO x FMDQ Start-Up Programme offer to venture teams?
- How many Nigerian ventures will be selected for the programme?
- Who can apply
- We define an Innovation-Driven Start-up as:
- Potential to scale and grow their business into a sustainable enterprise
- How advanced does our start-up need to be? Can we apply if we just have an idea?