NZX Limited/Announcement
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NZX Derivatives Market Rule Amendment

Regulatory28 March 2021NZXFinancials

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

29 March 2021


Notification of amendment to NZX Derivatives Market Rules: Conformance

Amendments


NZX gives notice of amendments to the NZX Derivatives Market Rules (Rules) pursuant to Rule

1.6. The amendments to the Rules were approved by the Financial Markets Authority on 15

February 2021, following consultation with the market in April 2020.


These amendments involve conformance updates to bring the Rules in conformance with the

2019 amendments to the NZX Participant Rules. The changes will amend the following areas of

the Rules:


a) financial advice;

b) discretionary accounts;

c) know your client (KYC) procedures/required client information;

d) contract notes;

e) voice recording;

f) disclosure of interests;

g) employee and prescribed person trading;

h) surveillance tools; and

i) Direct Market Access (DMA) trading.


These Rule amendments will take effect from 28 April 2021.


NZX will also be releasing updates to the NZX Derivatives Market Procedures (Procedures)

consistent with these changes and updating derivatives market forms 1 to 8.


Marked-up copies of the amendments to the Rules and Procedures are available here:

https://www.nzx.com/regulation/nzx-rules-guidance/upcoming-rules-changes


ENDS



For further information please contact:

David Glendining

Head of Communications

DDI+ 64 9 375 9866

MOB+ 64 27 301 9248

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.

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