13 September 2018
New Zealand’s NZX Signs Memorandum of Understanding with Nasdaq
The New Zealand Stock Exchange announced that it has signed a memorandum of understanding with Nasdaq. Highlights include:
- The two exchanges aim to connect their capital markets, which could increase the exposure of New Zealand-based companies in the United States.
- Both exchanges will explore opportunities to promote dual listings, depository receipts, exchange-traded funds, and broader market development initiatives.
- The two exchanges are analyzing whether it is possible to provide investors in both the US and New Zealand with access to a larger range of investment products.
This is positive news for Arria and its investors as it prepares to list on the NZX.
READ THE ENTIRE ARTICLE HERE > Nasdaq.com