Tag: NZX

NZX Carbon Fund (CO2)
July 27, 2018 BY Valentina Kirilova

New Zealand Stock Exchange announces sale of non-core business

New Zealand Stock Exchange (NZX) has just announced the sale of its Australian grain data business which was identified as non-core during the exchange’s strategic review last year. The Melbourne based agribusiness assets, Australian Crop Forecasters and Profarmer Australia have been sold to Rural Bank, Australia’s only owned and operated dedicated agribusiness bank. All six…

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NZX Carbon Fund (CO2)
March 09, 2018 BY Valentina Kirilova

NZX to progress strategic alliances with global exchanges

NZX has provided to the public a further update on its refreshed strategy and delivery plans, announcing its intention to progress strategic alliances with global exchanges in order to increase its connectivity and global scale. The exchange completed a comprehensive review of its business in 2017. This resulted in a fundamental reset of its organisation…

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March 07, 2018 BY Valentina Kirilova

Singapore and New Zealand Exchanges sign MoU

New Zealand’s Exchange (NZX) and Singapore Exchange (SGX) announced that they have decided to expand co-operation in Asia-Pacific markets, signing a Memorandum of Understanding (MOU). NZX Chairman James Miller commented: As part of NZX’s refreshed strategy we made a strategic decision to shift our focus away from the regional stock exchange model, instead focusing on creating…

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NZX Carbon Fund (CO2)
February 15, 2018 BY Valentina Kirilova

NZX appoints BNY Mellon's Lindsay Wright as Director

Lindsay Wright has been appointed to the NZX Board of Directors, effective 20 February 2018. Lindsay Wright is currently Head of Distribution and Co-Head of APAC at BNY Mellon Investment Management, the global investment arm of BNY Mellon, one of the world’s largest financial services companies, which manages more than US$1.9 trillion in over 100…

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NZX Carbon Fund (CO2)
February 07, 2018 BY Valentina Kirilova

NZX to adjust NZ milk price options exercise price interval

NZX has announced that it will adjust the NZ milk price options minimum exercise price intervals to NZD 5 cents from NZD 10 cents, effective 8 March 2018. The change will allow traders in NZX’s dairy derivatives market to price structured options more accurately, and increase the amount of listed strikes as liquidity grows. This…

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NZX Carbon Fund (CO2)
December 21, 2017 BY Valentina Kirilova

NZX appoints BNP Paribas' Hugh Stevens to lead funds management business

NZX just announced the appointment of Hugh Stevens to lead the exchange’s funds management business, effective Monday 5 February 2017. Hugh Stevens will oversee NZX’s Auckland based Smartshares exchange traded funds (ETF) business and its superannuation and KiwiSaver business, SuperLife. He will report to NZX CEO Mark Peterson and the Smartshares Board. Stevens is the…

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NZX Carbon Fund (CO2)
December 19, 2017 BY Valentina Kirilova

NZX to extend dairy derivatives trading hours

New Zealand Stock Exchange (NZX) announced that it will extend the trading hours of its dairy derivatives market in July 2018, subject to regulatory approval. This extension supports the New Zealand exchange’s strategy to improve global access to its dairy derivatives market in response to customer demand. The trading session will move the existing market…

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NZX Carbon Fund (CO2)
October 30, 2017 BY Valentina Kirilova

NZX to launch Global Skim Milk Powder (SMP) Option contract

NZX informed it will launch a Global Skim Milk Powder (SMP) Option contract on December 4, 2017. This follows all regulatory requirements being met, including approval of the contract specification from the Financial Markets Authority. The contract is being launched in response to growing trading volumes in NZX’s SMP Futures market, which are up 113%…

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NZX Carbon Fund (CO2)
September 07, 2017 BY Valentina Kirilova

NZX appoints Joanna Lawn as Head of Listings

The NZX Ltd (NZE:NZX) just announced the appointment of Joanna Lawn as Head of Listings, effective Monday 18 September 2017. Lawn will be based in NZX’s Auckland office. Enhancing customer service and better promoting the benefits of listing is a core focus for NZX, and Joanna Lawn is well placed to lead the organisation’s listing team,…

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July 26, 2017 BY Valentina Kirilova

NZX CFO Bevan Miller resigns

NZX Ltd (NZE:NZX) announced that Chief Financial Officer Bevan Miller has resigned to take up a role as Chief Financial Officer of The Co-operative Bank. NZX CEO Mark Peterson commented: On behalf of the team at NZX, I would like to thank Bevan for his enormous contribution and commitment to the organisation, and in turn New Zealand’s…

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