The terms of the MoU include that both NZX
and SGX would boost market development initiatives across a range of areas, comprising the promotion of derivatives products, dual and secondary listings, exchange traded funds and investor participation.
Activity in the secondary market has also increased, with the number of transactions on the NZX
50 increasing from 319,000 in 2010 to 862,000 in 2014 and the number of shares traded rising from 2 billion in 2010 to 3.
Under the MoU, the RBNZ will provide any liquidity support to the NZX
treating the clearing house 'as a systemically important financial infrastructure.
New Zealand's benchmark NZX
50 index finished up 0.
WSD Global Markets is an NZX
Futures and Options participant firm, is a member of the New Zealand Financial Markets Association.
In New Zealand, we find that options are traded on four stocks, which are the largest constituents of the NZX
Auckland Airport shares have fallen around 10 percent since December as the benchmark NZX
50 index slid around 12 percent amid jitters over the global credit market.
The new version of Oracle's market-leading database was chosen for its solid reliability and stability, with NZX
the first New Zealand company to implement the latest version.
This is a natural next step given his banking and data experience, and background on a number of boards at ANZ and externally including NZX
Limited and the New Zealand Governments Taskforce on Capital Markets Development.
The company's new machinery investment will include a NZX
1500 turning centre, DMU 50 5-Axis Mill, DMU 65 monoBLOCK 5-Axis Mill as well as a DMU 60 eVo linear with PH-150 robotic pallet handling.