NZX expects to share cost of extra tech security

NZX expects to share cost of extra tech security
Paul McBeth
The NZX will probably have to hike prices to cover the cost of circling the cyber wagons after this year's massive cyber attack that took down the stock exchange’s website and disrupted trading.The stock market operator said investment recommended by two independent reports into its IT systems will increase NZX’s ongoing technology costs, and customers will probably have to share the extra expense. Until a formal plan is agreed with the Financial Markets Authority, the NZX said it can’t quantify the likely incremental incr...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024