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- Release Date: 01/10/13 19:50
- Summary: GENERAL: NZX: BNP Paribas accredited to clear NZX Equity Derivatives
- Price Sensitive: No
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NZX
01/10/2013 16:50
GENERAL
REL: 1650 HRS NZX Limited
GENERAL: NZX: BNP Paribas accredited to clear NZX Equity Derivatives
NZX is pleased to announce that BNP Paribas Securities Services SCA (the
global custodian and securities services provider under the BNP Paribas
Group) has been accredited as a General Clearing Participant, a Legal Title
Transfer Depository Participant, and a Depository Participant for NZX's
Equity Derivatives Market.
NZX Head of Exchange Products, Sam Stanley, commented: "We are delighted that
BNP Paribas is now confirmed to clear equity derivatives in NZX's new market.
This demonstrates the continuing partnership between NZX and BNP Paribas, and
ensures BNP Paribas will play a pivotal role in the launch of NZX's new
market."
BNP Paribas is a leading bank in the euro zone and a first-class player on a
global scale with a presence in nearly 80 countries and 190,000 employees.
NZX will announce a new launch date for the launch of Equity Derivatives
shortly. The process is heavily reliant on external parties with whom we are
working closely as we move towards launch.
For more information please contact:
Kate McLaughlin
Corporate Communications
M: 027 533 4529
E: [email protected]
End CA:00241858 For:NZX Type:GENERAL Time:2013-10-01 16:50:16
