NZX advises that BNP Paribas has been accredited as a Designated Market Maker on the NZX Derivatives Market, ahead of the S&P/NZX 20 Index Futures launch on 28 April 2026.
Designated Market Makers support an orderly market by providing two-way prices in line with their market making obligations.
"We're pleased to welcome BNP Paribas to the NZX Derivatives Market as a Designated Market Maker," said Nick Morris, General Manager, Cash and Derivatives Markets at NZX. "As a leading global bank with deep experience in index futures market-making, their participation will play an important role in supporting liquidity in the S&P/NZX 20 Index Futures and the ongoing development of New Zealand's derivatives market."
“BNP Paribas is pleased to be accredited as a Designated Market Maker on the NZX Derivatives Market. Our team led by Damien Jasczyk, Head of Prime Services & Cash Equities, Australia and NZ, and Robert Fujiwara, Head of Delta One Trading and Market Making, Australia and NZ, are committed to supporting the S&P/NZX 20 Index Futures contract by providing quality two-way liquidity and are excited to contribute to an improved experience for anyone looking to trade broad-index equity exposure on New Zealand’s top listed companies,” said Simon Masnick, Head of Global Markets Australia and NZ for BNP Paribas.
