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NG Clearing Limited
Information by Research TrustFinance
NG Clearing Limited is Nigeria's and West Africa's premier Central Counterparty (CCP), established to provide clearing and settlement services for exchange-traded derivatives. Launched in 2021 and registered by the Securities and Exchange Commission (SEC) of Nigeria, its mission is to ensure confidence and stability in the financial markets by acting as a guarantor to both parties of a transaction, thereby mitigating counterparty credit risk. The company facilitates the clearing of a variety of financial instruments, enhancing the safety, efficiency, and transparency of the Nigerian capital market.
Nigeria
Industry
Financial