NZX to shift dairy derivatives to Singapore Exchange

NZX to shift dairy derivatives to Singapore Exchange
Staff reporters
Stock exchange operator NZX said it has formed a partnership with the Singapore Exchange to shift listing and trading of NZX's dairy derivatives contracts to the Singapore market.NZX said the move, which is subject to regulatory controls and will take effect in the second half of this year, will "unlock and accelerate the growth potential of NZX's dairy derivatives".The two exchanges signed a heads of agreement in October last year to explore the idea of shifting the listing.NZX's latest metrics showed the number of future...