NZX hopes BNP Paribas deal will boost overseas trades
BNP will be the first third-party overseas clearer operating in NZX’s cash market.
BNP Paribas Securities Services is working towards accreditation to clear and settle international brokers’ trades on the NZX, which the stock market operator hopes will boost overseas activity in New Zealand’s stocks.
BNP hopes to be accredited by the first quarter of 2021, when it would
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