Clearing Fees are currently not payable on rollovers. All other fees related to Cleared USD/NGN NDFs contracts remain payable.
Note that all fees are subject to change at the discretion of FMDQ Holdings PLC.
WHAT ARE THE RELEVANT FEES APPLICABLE TO CLEARED USD/NGN NDFs CONTRACTS ROLLED OVER?
DOES THE ROLLOVER RULE PROHIBIT THE PURCHASE OF CLEARED USD/NGN NDFs CONTRACTS WITH TENORS LONGER THAN 6M FOR FPIs?WHAT IS A ROLLOVER OF A CLEARED USD/NGN NDFs CONTRACT UNDER THE PROVISIONS OF <a href="https://fmdqgroup.nolimitbuzz.dev/wp-content/uploads/2022/01/MB-33-Rollover-of-OTC-FX-Futures-Contracts-for-Foreign-Portfolio-Investments-June-2019-1.pdf">MB-33?</a>