NZX has been ticked off by the Financial Markets Authority which said the stock market operator's market surveillance wasn't up to scratch, it needs to better manage conflicts of interest, and its continuing operational errors were concerning.
NZX said the first green bond, created to fund projects that have environmental or climate benefits, will start trading on the exchange operator's debt market today, marking a commitment to grow the nation’s environmentally-friendly finance markets in step with a global trend.
Hobson Wealth Partners is set to start buying and selling NZX-listed securities directly for its clients as of next month, the first New Zealand cash market trading and clearing participant accredited since the 2010 launch of the national securities market operator’s clearing house.
John and Michael Chow will delist their listed property investment vehicle, Chow Group, saying NZX's plans to ditch the small-cap markets and impose one set of rules and costs aren't attractive to them.
NZX has received a second bid for agricultural publication Farmers Weekly three months after signing a non-binding sale agreement, and says a divestment of the paper is "imminent".