Direct access to NZX close

26 Jul 2004

New Zealand Exchange (NZX) has announced plans to allow accredited trading firms direct access to its markets from 4 August. Two firms, Citigroup Global Markets (NZ) and ABN Amro New Zealand, have...

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“The introduction of these contracts to trading represents a new stage in developing the Russian market in fixed income instruments as in essence futures on federal bonds are derivatives on long-term interest rates.”

Evgeny Serdyukov, director of F&O at RTS