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

Infratil's CDC investment cracks $5 billion mark
Markets

Infratil's CDC investment cracks $5 billion mark

Surging datacentre demand and expanded development plans benefit Infratil.

Aussie shares rise for first time in new financial year
Markets

Aussie shares rise for first time in new financial year

The ASX200 finished up 0.3% after better-than-expected domestic retail sales data.

AAP 7:45am
Soft tissue repair company Aroa could unlock $1.6b market
Markets

Soft tissue repair company Aroa could unlock $1.6b market

A transformational year is predicted for Aroa with potential for maiden profit.

Pūkaki mega-lake never seriously considered
Markets

Pūkaki mega-lake never seriously considered

Officials' idea for a giant lake would have cost billions and had serious impacts.