Ann: GENERAL: NZX: NZX joins Intermarket Surveillance Group

  1. lightbulb Created with Sketch. 2
    • Release Date: 20/01/16 08:30
    • Summary: GENERAL: NZX: NZX joins Intermarket Surveillance Group
    • Price Sensitive: No
    • Download Document  2.12KB
    					NZX
    20/01/2016 08:30
    GENERAL
    NOT PRICE SENSITIVE
    REL: 0830 HRS NZX Limited
    
    GENERAL: NZX: NZX joins Intermarket Surveillance Group
    
    NZX is pleased to announce it has been granted membership to the Intermarket
    Surveillance Group (ISG).
    
    The ISG comprises more than 50 international exchanges and regulators who
    perform frontline market trading surveillance. Its purpose is to facilitate
    the coordination and development of programmes and procedures that assist
    members in identifying possible fraudulent and manipulative activities across
    markets.
    
    The ISG also acts as a forum for members to share information to assist with
    investigations and enforcement actions. NZX has a key role in New Zealand's
    capital markets in relation to frontline surveillance of potential market
    misconduct, and is also responsible for investigating and enforcing
    potentially manipulative trading conduct under NZX's Participant and
    Derivatives Market Rules.
    
    NZX Head of Market Supervision Joost van Amelsfort commented: "We are
    delighted to become an ISG member which ultimately enhances NZX's
    surveillance capabilities in relation to offshore trading on NZX's markets."
    
    "NZX is committed to providing proactive market surveillance. This ensures we
    continue to operate fair, orderly and transparent capital markets that
    support dedicated investor protection and market integrity."
    
    ISG membership is subject to strict requirements in respect of applicants'
    regulatory capabilities related to market surveillance and their ability to
    obtain and share information.
    
    For further information please contact:
    Hannah Lynch
    Communications Manager
    T: 09 308 3710
    M: 021 252 8990
    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: http://www.nzxgroup.com
    End CA:00276566 For:NZX    Type:GENERAL    Time:2016-01-20 08:30:00
    				
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.