NZX confirms it will extend the trading hours of its dairy derivatives market on Monday 16 July 2018.
The end of the dairy derivatives Normal Trading session will move from the existing time of 4.00pm New Zealand time to 10.00pm New Zealand time, extending the session to 20 hours from 14 hours. Opening times will remain unchanged.
The extended market hours will facilitate easier trading between Europe and Asia, two key dairy trading regions and supports the New Zealand exchange’s commitment to improve global access to its dairy derivatives market.
Please see link below for more details on the extended trading hours’ project:
www.nzx.com/markets/nzx-dairy-derivatives/extended-trading-hours
NZX continues to engage with participants, clearers, independent software vendors and data vendors on the operational changes, which will be implemented on Saturday 14 July 2018 ahead of the Monday 16 July launch date.