International bank BNP Paribas is to become a general clearing participant for the NZX derivatives market.Announcing the move today, NZX said general clearing participants provided the vital link from customer to clearing house, settling and clearing trad
International bank BNP Paribas is to become a general clearing participant for the NZX derivatives market.
Announcing the move today, NZX said general clearing participants provided the vital link from customer to clearing house, settling and clearing trades on behalf of all NZX trading participant clients.
NZX launched trading in global whole milk powder futures about six weeks ago, and is to follow it with global skim milk powder futures and global anhydrous milk fat futures.
