NZX continues rolling maul of initiatives to revive market activity

Wed, 08 Aug 2018

By Paul McBeth Aug. 9 (BusinessDesk) - NZX's rolling maul of initiatives to reinvigorate its core market business will take another step in October, ditching a fixed fee for every transaction and introducing minimum crossing thresholds on the bourse. The Wellington-based stock market operator has been at pains to boost liquidity on the market as a key strand in a strategic overhaul and has managed to lift the value of transactions going directly through the secondary market to 53.3 percent from 23 percent a decade ago. The latest tranche...

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