NZX to change pricing next year in effort to stoke liquidity

Tue, 19 Dec 2017

By Paul McBeth Dec. 20 (BusinessDesk) - NZX will change the price structure of the local stock market in the second half of next year as part of a new strategy aimed at reinvigorating the domestic capital market. The Wellington-based company will bring its trading and clearing pricing model into line with global practice, which will give participants greater price transparency when negotiating brokerage and services, and stoke on-market liquidity, it said in a statement. NZX will provide details of the move when reporting its 2017 annual...

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