New Zealand’s NZX Signs Memorandum of Understanding with Nasdaq

[kreslik.news]

The New Zealand Exchange (NZX) announced today that it has signed a memorandum of understanding (MoU) with Nasdaq. Together, the two exchanges aim to connect their capital markets, which could increase the exposure of New Zealand-based companies in the United States.

According to the statement, the terms of the memorandum highlight that both exchanges will explore opportunities to promote dual listings, depository receipts, exchange-traded funds, and broader market development initiatives.

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The agreement has the possibility to enable NZX to facilitate the growth of New Zealand companies into the United States. However, ... (read more)