NZX eyes flatter market structure with broader range of products in listing rules proposals

Tue, 26 Sep 2017

By Paul McBeth Sept. 27 (BusinessDesk) - NZX wants a more streamlined marketplace that's easier and cheaper to use for listed issuers and able to accommodate a broader range of products in its favoured proposals to change the bourse's listing rules. The Wellington-based stock market operator today released a discussion document with its preferred route of action in changing the listing rules, which would drop the small-cap NZAX and NXT markets and introduce more flexibility around disclosure on the main board. Submissions are due by the...

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