NZX to exclude off-market deals from minimum crossing threshold

Tue, 07 Aug 2018

By Paul McBeth Aug. 8 (BusinessDesk) - NZX won't force off-market transactions to meet a new minimum crossing threshold as long as they improve price transparency and will go ahead with a new pricing structure from October. The Wellington-based stockmarket operator has been talking with market participants in a wider strategic overhaul as it attempts to revive interest in the local bourse. So far it's been successful in getting traders to lodge their orders through the market with 53.3 percent of transactions being lodged on-market compa...

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