Ann: GENERAL: NZX: ADM Investor Services Inc. accredited in...

• Release Date: 01/03/16 08:30
• Summary: GENERAL: NZX: ADM Investor Services Inc. accredited in Derivatives Market
• Price Sensitive: No
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					NZX
01/03/2016 08:30
GENERAL
NOT PRICE SENSITIVE
REL: 0830 HRS NZX Limited

GENERAL: NZX: ADM Investor Services Inc. accredited in Derivatives Market

NZX is pleased to announce that ADM Investor Services Inc. (ADMIS) has been
accredited as a Derivatives Trading & Advising Participant and a General
Clearing Participant for the NZX Dairy Derivatives Market. ADMIS becomes the
third US based participant to gain full membership status since NZX was
granted authorisation as a Foreign Board of Trade by the Commodity Futures
Trading Commission (CFTC) in 2014.

NZX is pleased to welcome ADMIS to the market and sees this as an important
milestone, providing greater access for those looking to trade on NZX,
particularly out of the US.

ADMIS is a truly global brokerage and clearing firm providing services to the
futures market for almost 50 years, with strong roots in the agricultural
commodities market reaching back to the 1930s. Headquartered in Chicago,
ADMIS is a member of many global exchanges and provides 24/7 execution,
clearing and market information services to clients around the globe.

ADMIS President Tom Kadlec commented: "NZX's dairy derivatives have evolved
into an essential market for a growing number of participants in the global
dairy industry looking to manage an increasingly volatile marketplace. We are
the leading clearing firm for dairy contracts in the United States and
through our sister company, ADM Investor Services International in London,
are a lead player in the nascent European Market. Joining the NZX ensures
ADMIS is at the forefront of providing a complete product offering to
commodity customers around the world."

NZX CEO Tim Bennett commented: "Our dairy derivatives market continues to
show strong levels of growth highlighting the levels of interest from end
users looking for risk management tools in the global dairy industry. ADMIS's
accreditation is a reflection of the strong demand for access to these
products and we are pleased to have a clearing firm with the experience and
extensive reach of ADMIS. This allows dairy and commodity traders from around
the world easier access to the market, supporting our growth strategy for
this market."

NZX Dairy Derivatives experienced volume growth of 109% in 2015 and continues
to experience a significant increase in participation in the market.

For further information please contact:
Kate McLaughlin
Corporate Communications
T: 09 309 3654
M: 027 533 4529
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 ADM Investor Services, Inc.
For almost 50 years, ADM Investor Services, Inc. ("ADMIS") has been a leader
in the futures brokerage industry known for its strong capital base,
responsible business practices and superior service to clients around the
globe. As one of the largest non-financial FCM's in the industry, ADMIS
provides an array of futures clearing and execution services to commercial,
institutional and retail customers around the globe.  The network of ADMIS
Introducing Brokers operates from over 330 locations across the United
States.  ADMIS subsidiaries, affiliates and branch offices are strategically
located in Chicago, New York, London, Hong Kong, Shanghai and Taiwan.
End CA:00278529 For:NZX    Type:GENERAL    Time:2016-03-01 08:30:24