NZX on-market share trading improves in September

Tue, 02 Oct 2018

By Paul McBeth Oct. 3 (BusinessDesk) - On-market share trading rose in September, a month ahead of local market operator NZX imposes a new pricing structure aimed at encouraging more activity. Some 54.2 percent of the value of all cash trades went through the official market in September, up from 53.1 percent in August and 37.2 percent a year earlier. That improvement was mostly through equity trading, with 53 percent on-market compared to 51.3 percent in August, while 87.9 percent of the value of debt market transactions were on-market,...

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