NZX accredits US firm Straits Financial for dairy derivates market

Thu, 10 Sep 2015

By Tina Morrison Sept. 10 (BusinessDesk) - NZX, New Zealand's stock market operator, has accredited US-based Straits Financial to access its growing dairy derivatives market. Straits has been accredited as a general clearing, trading and advising participant for the NZX dairy derivatives market, the first US clearing member to receive approval since authorisation was granted from the US Commodity Futures Trading Commission in February 2014, Wellington-based NZX said in a statement. NZX launched the dairy derivatives market in October 2...

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