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NZX is pleased to advise it has been informed by the Electricity Authority (the Authority) that it has been selected as preferred supplier for all four market operations service provider roles that were recently tendered by the Authority. The four roles (which NZX currently performs) are:
- Clearing manager
- Reconciliation manager
- Pricing manager
- Wholesale information and trading system (WITS) manager
NZX and the Authority will now enter discussions to agree contracts for the provision of these services for the period 1 May 2016 to 30 April 2024 (plus an additional 3 year extension). NZX and the Authority expect to conclude these discussions before 31 October 2015.
