CMC markets seeks NZX accreditation

NZX said it was vote of confidence in the local market. (Image: NZME)

Thu, 31 Oct 2024

Financial services company CMC Markets said it intends to apply for accreditation as an NZX trading and clearing participant in 2025.CMC Markets intends to lodge an application for accreditation with NZ RegCo, the independently governed entity responsible for monitoring and enforcing compliance under the exchange’s rules.NZX CEO Mark Peterson said CMC's intentions indicated the sound state of the country’s capital markets.“Their intention demonstrates the attractiveness of New Zealand’s capital markets to participant...

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