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NZX Limited — Capital/Financing Update 2018
Feb 6, 2018
66248_rns_2018-02-07_91f3fca7-02d5-486e-81f6-4beb41a48792.pdf
Capital/Financing Update
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NZX Limited Level 1, NZX Centre 11 Cable Street PO Box 2959 Wellington 6140 New Zealand Tel +64 4 472 7599
7 February 2018
NZX to adjust NZ milk price options exercise price intervals
NZX will adjust the NZ milk price options minimum exercise price intervals to NZD 5 cents from NZD 10 cents, effective 8 March 2018.
The change will allow traders in NZX’s dairy derivatives market to price structured options more accurately, and increase the amount of listed strikes as liquidity grows. This increased functionality supports the exchange’s strategic commitment to accelerate growth in its dairy derivatives market, as outlined in its recent strategy.
The change follows regulatory approval from the Financial Markets Authority. Amended contract specifications can be found at the link below:
www.nzx.com/Derivatives/market_information
For further information please contact: Hannah Lynch Head of Communications T: 09 308 3710 M: 021 252 8990 E: [email protected]
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