14 December 2017
visit http://response.ncr.com

New Zealand stock exchange live with Trayport e-trading platform

06 July 2007  |  9105 views  |  0 keyboard

The New Zealand Exchange (NZX) has rolled out its new electronic dealing platform which is based on the GlobalVision trading system developed by UK-based Trayport.

Trayport said last October that it had won the NZX contract. The vendor's Web-based GlobalVision product will provide the electronic trading infrastructure for all the NZX markets in New Zealand.

NZX says market participants and key stakeholders have taken part in training, systems testing and dress rehearsals.

"The delivery of this project on time and on budget is a great milestone for NZX, as well as market participants, who have been heavily involved in rolling out the system over the last eight months," adds Stuart Turner, head of strategy and projects at NZX.

Mark Weldon, NZX CEO, says the new system "will enable trading across a wider range of market products, unlocking currently untapped potential, such as a derivatives market".

Trayport is also providing the technology for the AXE ECN in Australia which is being established by NZX in partnership with Citigroup, CommSec, Goldman Sachs JBWere, Macquarie Bank and Merrill Lynch. The ECN will provide off-market trade execution reporting services to brokers in Australia.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Trayport wins New Zealand stock exchange contract

Trayport wins New Zealand stock exchange contract

12 October 2006  |  6528 views  |  0 comments
NZX teams with brokers to launch Australian ECN

NZX teams with brokers to launch Australian ECN

11 September 2006  |  12114 views  |  0 comments
Rats! Freak outage shuts down New Zealand Stock Exchange

Rats! Freak outage shuts down New Zealand Stock Exchange

22 June 2005  |  9575 views  |  0 comments
New Zealand stock exchange to launch Direct Market Access

New Zealand stock exchange to launch Direct Market Access

15 July 2004  |  5622 views  |  0 comments
Trayport upgrades online trading system

Trayport upgrades online trading system

29 January 2003  |  5351 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.aciworldwide.comvisit www.atos.net

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
12245 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9564 views comments | 16 tweets | 22 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
8185 views comments | 17 tweets | 36 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7405 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7296 views comments | 20 tweets | 11 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job