NZX plays catch-up with increased capex

NZX chief executive Mark Peterson says he expects elevated trading levels to continue.

Wed, 17 Feb 2021

NZX expects to sustain high trading volumes and operating earnings in 2021, as it invests in bringing its market infrastructure up to speed.The past year has been a trial-by-fire for the NZX. It had been struggling for relevance and ceding ground to the ASX. Then the pandemic ushered in a wave of interest in capital markets and injected new life into the exchange.Total value traded through the NZX rose 41.8 percent to $53 billion during the year. The volume traded increased more dramatically, jumping 149 percent and briefly crashing the exchang...

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