by Michael Tome Business Reporter
Financial Securities Exchange Limited (FINSEC), says it will be pushing for increased participation in the derivatives market as it continues on a drive to diversify investment options on the local stock market.
FINSEC in 2022 commenced a derivatives trading platform as it sought to broaden local investment options offering risk management tools in line with global trends.
Derivatives are financial instruments that derive their value from underlying assets such as gold or a group of assets.
Generally, common underlying assets for derivatives include stocks, bonds, currency, commodities, interest rates and market indexes.