NZX to adjust NZ milk price options exercise price interval
NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599
www.nzx.com
www.nzx.com 1 of 1
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: hannah.lynch@nzx.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- FSF — Fonterra Shareholders' Fund: Global Dairy Update December 20172017-12-20
“1 GLOBAL DAIRY UPDATE DECEMBER 2017 KEY DATES 28 February 2018 Deadline for Application to Supply Fonterra Late March 2018 FY18 Interim Results Announcement Late May 2018 Q3 Business Update Announcement 1 June 2018 Measurement Date for Share Standard 2018/19 Season •…”
- FCG — Fonterra Co-operative Group Limited: Global Dairy Update January 20182018-01-15
“ , , . . . . . PRICE INDEX NZD USD Fonterra GDT sales by destination: Dairy commodity prices and New Zealand dollar trend The New Zealand dollar has strengthened over the past month due to the weakening US dollar. The next trading event w…”
- FSF — Fonterra Shareholders' Fund: Global Dairy Update January 20182018-01-15
“ , , . . . . . PRICE INDEX NZD USD Fonterra GDT sales by destination: Dairy commodity prices and New Zealand dollar trend The New Zealand dollar has strengthened over the past month due to the weakening US dollar. The next trading event w…”