NZX: 'The future is bright’

NZX: 'The future is bright’
NZX boss Mark Peterson says the exchange has more work to do but is in much better shape than his critics give credit for. (Photo: Supplied )
Dan Brunskill
The New Zealand Stock Exchange (NZX) has copped its fair share of flak over the past two years as commentators have criticised it for failing to attract new listings and prevent trading outages.Much of this is well-founded; the Australian Securities Exchange (ASX) has been stealing NZ listings away from the local exchange and the NZX has spent more time offline than any reasonable person would expect.However, chief executive Mark Peterson says the exchange has never been healthier and his critics are missing the bigger picture.“We feel th...

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