FMA pleased with NZX's market operations in 2016

Thu, 29 Jun 2017

By Paul McBeth June 29 (BusinessDesk) The Financial Markets Authority is very happy with the way NZX is tracking as the country's only licensed market operator, which has lifted its game under the market watchdog's regulatory regime. In its annual review of the Wellington-based stock market operator, FMA gave a favourable report, saying NZX met its obligations by ensuring the market works in a fair, orderly and transparent manner, there are adequate systems to ensure participants' disclosures, it manages commercial conflicts of inter...

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