NZX plans to launch equity options trading on April 24

Thu, 26 Mar 2015

By Tina Morrison March 26 (BusinessDesk) - NZX, which operates New Zealand's stock market, plans to start offering equity options trading in three stocks as it seeks to develop the nation's capital markets. The Wellington-based company will launch option contracts in building products company Fletcher Building, telecommunications company Spark, and auction web site Trade Me Group on April 24, with plans to offer options on more stocks in the future, it said in a statement. Fletcher is the largest New Zealand company on the bourse with a...

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