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Opinion

Long live the broker, the broker is dead

Brian Gaynor
Sat, 04 Dec 2021

Long live the broker, the broker is dead
There are huge opportunities on the NZX. (Image: Getty)
Brian Gaynor
Sat, 04 Dec 2021
There are huge opportunities on the NZX, as demonstrated by the direct listing of Trade Window, but why aren’t our traditional brokers supporting these opportunities?Trade Window raised $15 million – at $0.92 a share earlier this year – and this $15m is now worth $30m after the company listed on Nov 22.But where are our traditional brokers? Only one of the five recent direct listings has had the involvement of either Jarden, Craigs, Forsyth Barr, Macquarie, Goldman Sachs or UBS, the main promoters of NZX listings in the p...

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