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- Release Date: 21/09/12 12:08
- Summary: GENERAL: NZX: OM Financial Limited Accredited as an NZX Advising Firm
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NZX
21/09/2012 10:08
GENERAL
REL: 1008 HRS NZX Limited
GENERAL: NZX: OM Financial Limited Accredited as an NZX Advising Firm
OM Financial Limited Accredited as an NZX Advising Firm
21 September 2012 - NZX is pleased to announce that New Zealand Futures and
Options brokerage firm OM Financial Limited has been accredited as an NZX
Advising Firm.
"NZX Advising Firms are a vital conduit that help enable New Zealand
investors access investment opportunities on the NZX. OMF has a unique
combination of onshore and offshore experience across a broad spectrum of
financial products that will be a valuable addition to New Zealand's capital
markets," said NZX CEO Tim Bennett.
"In the past we had been able to advise clients on offshore equity markets,
but having this accreditation allows OMF to provide the same advice on our
home bourse," said OMF Director of Financial Markets, Greg Boland. He said
Cash Equities will complement the expected launch of NZX Equity Derivatives
in 2013.
OMF Managing Director Brian Watt said "A number of our clients are looking
closely at these investment opportunities; now, as well as advising them on
foreign exchange, commodity futures and other derivatives, global equity and
equity options markets, carbon and electricity, we can also advise them on
how best to include local equities in their portfolios."
OMF was formed in 1987 as Ord Westpac Futures NZ Limited and after a serveral
name changes due to JP Morgan acquiring and then exiting the retail business
become OM Financial Limited. OMF is now owned by management and a group of
investors.
OMF, who have offices in Auckland and Wellington, have been an Authorised
Futures Dealer since 1988 and NZX accredited for futures and derivatives
since 2004.
ENDS
For more information please contact:
For NZX: For OMF:
Debbie Buckman Brian Watt or Greg Boland
+64 4 4952818 +64 9 520 9314 / +64 9 524 8712
End CA:00227579 For:NZX Type:GENERAL Time:2012-09-21 10:08:49
