NZX lifts minimum volume threshold for block trades of whole, skim milk futures, citing improved liquidity

Mon, 30 Nov 2015

Dec. 1 (BusinessDesk) - NZX, New Zealand's financial markets operator, has increased the minimum volume of lots required in block trades of whole and skim milk powder futures, citing increased activity. The minimum volume thresholds that apply to block trading for the whole milk powder futures (contract No. 1) and skim milk powder (contract No. 3) will increase to 150 lots from 50 lots effective Dec. 8, NZX said in a statement. The company, which launched its derivatives market in 2010, said it has been monitoring minimum volume threshol...

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