Business News of Friday, 3 July 2015

Source: GNA

Ghana to hold risk management seminar

Mr Millison Narh, First Deputy Governor,BoGMr Millison Narh, First Deputy Governor,BoG

Mr Millison Kwadwo Narh, First Deputy Governor, Bank of Ghana (BoG) would on Wednesday, July 8 open INTL FCStone Ltd, a wholly owned subsidiary of INTL FCStone Inc,’s Commodity Trading and Risk Management seminar in Accra.

Attendees of the two-day seminar would include representatives from the business community including the banking sector, the cocoa industry, grain producers, mineral producers, and governmental regulatory bodies like the Bank of Ghana (BoG) and Securities and Exchange Commission.

A statement from INTL FCStone said some regional countries like Nigeria and Cote d’Ivoire would be represented, besides multilateral institutions including the IFC and African Development Bank.

It said the interactive seminar programme would explore the impact of developing local and regional commodities markets and participants would gain knowledge of the development of local markets, promoting investment in commodity production and developing hedging strategies to manage commodity price risk.

INTL FCStone Ltd is a Category One ring dealing member of the London Metal Exchange, a full clearing member of ICE Clear Europe, CMECE and LCH EnClear, and offers clearing services on a host of global exchanges through group affiliates.

The Global Payments division of INTL FCStone Ltd is the leading institutional cross border global payments business, processing 240,000 payments annually, with volumes of $ 17 billion in 145 currencies.