- Release Date: 23/06/15 10:19
- Summary: GENERAL: NZX: OMF accredited as derivatives market participant
- Price Sensitive: No
- Download Document 3.07KB
NZX 23/06/2015 10:19 GENERAL NOT PRICE SENSITIVE REL: 1019 HRS NZX Limited GENERAL: NZX: OMF accredited as derivatives market participant NZX is pleased to announce that OM Financial Limited (OMF) has been accredited as a Trading & Advising Participant and also a General Clearing Participant for the NZX Derivatives Market. Since 2010, OMF has been an NZX Derivatives Advising Participant and has played an important role in the development of the NZX Global Dairy Derivatives Market. The commitment by OMF to upgrade its NZX accreditation status illustrates the growth and potential of the equity and dairy derivative markets. OMF Managing Director Brian Watt commented: "Being locally owned and operated, OMF is a strong supporter of the New Zealand Inc story and what NZX is trying to achieve in developing a balanced and sophisticated financial market in New Zealand with products that appeal to sectors important to the New Zealand economy. We have actively been involved in recent successes seen in the dairy derivatives market and are confident that equity derivatives will be a huge success also. We are thrilled to be able to offer another dimension to the trading services on offer to our clients." NZX CEO Tim Bennett commented: "2014 was a fantastic year for the derivatives market with volumes in excess of 100,000 contracts traded and 2015 is delivering further rapid growth of more than 150%. As NZX looks to broaden its product offering and increase liquidity in existing products it is encouraging to see local firms such as OMF put their support behind our market." OMF will be offering Trading, Advising and Clearing services in respect of all NZX Derivatives products. For further information please contact: NZX Limited Kate McLaughlin Corporate Communications M: +64 27 533 4529 T: +64 9 309 3654 E: [email protected] OM Financial (OMF) Nigel Brunel Director, Financial Markets T: +64 9 523 1166 M: +64 271 178 7256 E: [email protected] About NZX Limited NZX builds and operates capital, risk and commodity markets and the infrastructure required to support them. We provide high quality information, data and tools to support business decision making. We aim to make a meaningful difference to wealth creation for our shareholders and the individuals, businesses and economies in which we operate. To learn more about NZX, please visit: www.nzxgroup.com About OMF OMF is a New Zealand owned and operated brokerage firm, with a strong and established reputation in the financial markets. OMF advises and facilitates trading in a full range of financial products available in the FX, carbon, options, equities, CFDs and futures markets. Operating in these highly competitive and regulated financial markets requires experience, integrity and superior levels of service. In addition to providing a phone based service, OMF have an emerging offering of online trading and execution platforms making them one of the most comprehensive and professional broking services in New Zealand. To learn more about OMF, visit: www.omf.co.nz End CA:00266028 For:NZX Type:GENERAL Time:2015-06-23 10:19:42
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