NZX has tools to keep trading orderly

Tue, 17 Mar 2020

NZX Regulation has reminded listed companies that it has circuit-breakers at its disposal to manage market volatility and can halt trading to calm disorderly trading.The stock market operator’s regulation arm said its circuit-breakers apply at a financial product level rather than at a market level, with tiered trigger points depending on the prevailing price of a security.“At this time, NZX has advised that it does not foresee any impact on infrastructure or workforce capacity that would disrupt full normal operations of New Zealand markets an...

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