RESEND: NZX milestone 200k of dairy derivative trades shows it's on track to be 'global dairy hub'

Mon, 16 Mar 2015

(Removes garble in fifth paragraph) By Tina Morrison March 17 (BusinessDesk) - NZX says reaching 200,000 dairy derivative contracts traded across its platform shows the market operator is on track to become the global hub for trading tied to New Zealand's biggest export commodity. Trading exceeded the trading milestone this month on the NZX Global Dairy Derivatives Market, which was launched in October 2010 to offer risk management for the dairy industry. It followed the establishment of Fonterra Cooperative Group’s online auction plat...

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