December 18, 2017 / 7:36 PM / a year ago

BRIEF-NZX To Extend Trading Hours Of Dairy Derivatives Market

Dec 19 (Reuters) - NZX Ltd:

* WILL EXTEND TRADING HOURS OF ITS DAIRY DERIVATIVES MARKET IN JULY 2018

* TRADING SESSION WILL MOVE EXISTING MARKET CLOSE OF 4.00PM NEW ZEALAND TIME TO A MARKET CLOSE OF 10.00PM NEW ZEALAND TIME

* EXTENDED MARKET HOURS WILL FACILITATE EASIER TRADING BETWEEN EUROPE AND ASIA, TWO KEY DAIRY TRADING REGIONS

* EXPECTS TO SEE AN INCREASE IN PARTICIPATION AND VOLUME TRADED ON NZX’S DAIRY DERIVATIVES MARKET AS A RESULT OF NEW CLOSING TIME Source text for Eikon: Further company coverage:

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