Products
NZX operates three main markets:
- New Zealand Stock Market (NZSX), the premier equities market;
- New Zealand Alternative Market (NZAX), for smaller and growing companies; and
- New Zealand Debt Market (NZDX), for corporate and government bonds and fixed-income securities.
In addition the NZX is currently developing NZFOX, a trading facility for futures and options contracts based on NZ listed securities.
NZX has three subsidiary companies. Smartshares offers a range of exchange-traded funds as well as a KiwiSaver scheme called Smartkiwi, Link Market Services (of which NZX owns 50%) offers share registry and related services and Agri-Fax offers commercial data services relating to New Zealand agricultural products.
Read more about this topic: New Zealand Exchange
Famous quotes containing the word products:
“It seemed there was a sort of poisoning, an auto-infection of the organisms, so Dr. Krokowski said; it was caused by the disintegration of a substance ... and the products of this disintegration operated like an intoxicant upon the nerve-centres of the spinal cord, with an effect similar to that of certain poisons, such as morphia, or cocaine.”
—Thomas Mann (1875–1955)
“But, most of all, the Great Society is not a safe harbor, a resting place, a final objective, a finished work. It is a challenge constantly renewed, beckoning us toward a destiny where the meaning of our lives matches the marvelous products of our labor.”
—Lyndon Baines Johnson (1908–1973)
“The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.”
—Dixie Lee Ray (b. 1924)