NZX Wealth Technologies Signs Platform Deal with Macquarie Equities NZ
- NZX will provide its platform technologies, custody and administration services to MENZ to extend their offerings.
The New Zealand Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (NZX) announced today that it has agreed terms with Macquarie Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term New Zealand Limited (MENZ) to provide its NZX Wealth Technologies (NZXWT) platform to MENZ.
Under the agreement NZXWT will provide platform technologies, custody and administration services to MENZ and is the second significant customer signing by NZXWT in this quarter.
NZX CEO Tim Bennett commented: “The signing of Macquarie Equities New Zealand as a NZX Wealth Technologies client is another key milestone as we deliver on our funds services strategy, and our mission to provide market leading industry infrastructure.”
We’re delighted to partner with NZX to improve the investment platform, custody and administration services we provide our clients.
“We’ve made a substantial investment into NZX’s funds services business to gain exposure to a higher growth sector of the industry than our traditional markets business. The signing of Macquarie Equities New Zealand is another key plank in our strategy as we successfully move into this sector.”
NZX builds and operates capital, risk and commodity markets and the infrastructure required to support them and provides high quality information, data and tools to support business decision making.
Amongst its prinicipal activities, the exchange is a licensed market operator and regulator of securities and derivatives markets and provider of trading, post-trade and data services for securities and derivatives, as well as the provider of a central securities depository.
MENZ Executive Director Warren Couillault commented: “We’re delighted to partner with NZX to improve the investment platform, custody and administration services we provide our clients. In addition, the improved technology enables us to extend our offering to include enhanced banking and broking services as well as real-time reporting, in a single integrated platform designed specifically for our clients.”
Finance Magnates last reported on NZX in June after it announced the launch date of its milk price options contracts, shortly after the release of its milk price futures contracts.
The New Zealand Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (NZX) announced today that it has agreed terms with Macquarie Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term New Zealand Limited (MENZ) to provide its NZX Wealth Technologies (NZXWT) platform to MENZ.
Under the agreement NZXWT will provide platform technologies, custody and administration services to MENZ and is the second significant customer signing by NZXWT in this quarter.
NZX CEO Tim Bennett commented: “The signing of Macquarie Equities New Zealand as a NZX Wealth Technologies client is another key milestone as we deliver on our funds services strategy, and our mission to provide market leading industry infrastructure.”
We’re delighted to partner with NZX to improve the investment platform, custody and administration services we provide our clients.
“We’ve made a substantial investment into NZX’s funds services business to gain exposure to a higher growth sector of the industry than our traditional markets business. The signing of Macquarie Equities New Zealand is another key plank in our strategy as we successfully move into this sector.”
NZX builds and operates capital, risk and commodity markets and the infrastructure required to support them and provides high quality information, data and tools to support business decision making.
Amongst its prinicipal activities, the exchange is a licensed market operator and regulator of securities and derivatives markets and provider of trading, post-trade and data services for securities and derivatives, as well as the provider of a central securities depository.
MENZ Executive Director Warren Couillault commented: “We’re delighted to partner with NZX to improve the investment platform, custody and administration services we provide our clients. In addition, the improved technology enables us to extend our offering to include enhanced banking and broking services as well as real-time reporting, in a single integrated platform designed specifically for our clients.”
Finance Magnates last reported on NZX in June after it announced the launch date of its milk price options contracts, shortly after the release of its milk price futures contracts.