NZX to extend trading hours for dairy derivatives to reach more traders in Asia, Europe

NZX to extend trading hours for dairy derivatives to reach more traders in Asia, Europe
Jonathan Underhill
By Jonathan Underhill Dec. 19 (BusinessDesk) - NZX says it plans to extend the trading hours for dairy derivatives market in July 2018 to reach more traders in Asia and Europe. Subject to regulatory approval, the market will stay open until 10pm NZ time, from a current market close of 4pm, extending the trading day to 20 hours from 14. Opening times remain unchanged. The changes are in response to customer demand, it said. "We expect to see an increase in participation and volume traded on NZX’s dairy derivatives market as a result of...