Why NZX wants to grow dairy derivatives market

Wed, 14 Oct 2020

Shifting New Zealand’s suite of dairy derivative contracts to the Singapore Exchange’s trading and clearing platforms will pave the way for significant growth.“This is pretty exciting as far as we are concerned,” said NZX chief executive Mark Peterson. “We see the growth opportunity as being huge.”While it does mean the listing shifts offshore, “the proposed partnership would see the product continue to be branded with NZX's name while listed on SGX,” said Nick Morris, head of derivatives for...

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