NZX's revenue up by 12% in third quarter

NZX's revenue up by 12% in third quarter
The company that runs the New Zealand stock exchange released its third quarter results this morning.
Staff reporters
Stock exchange operator NZX has increased its total revenue by nearly 12% in the third quarter of its financial year.The company provided the market with its third-quarter results this morning. Total revenue was up by 11.8% compared to the third quarter of last year, to $24.7 million.Revenue from issuer relationships increased by 23% to $4.97m but secondary markets revenue went down by 8.3%, to $6.2m.Its revenue from data and insights increased by 6.6% to $4.6m. Meanwhile, fund management revenue jumped nearly 30% to $6.3m, compared to las...