NZX Sees Capital Markets Shine in Q1, Led by Cash Markets and Equities

[kreslik.news]

The New Zealand Exchange (NZX) released its Q1 2016 activity report and financials, which overall secured a healthy growth YoY as it looks to build upon its momentum after closing out the year strong, according to an NZX statement.

Looking at the financials, NZX’s overall group revenue climbed 9.6% to $12.6 million (NZ$18.0 million) during Q1 2016, besting a Q1 2015 figure of $11.5 million (NZ$16.4 million) in Q1 2015. In this space, the largest growth was contributed by the NZX’s agricultural business, namely across its commodities, which climbed 39.0% YoY to $300,300 (NZ$430,000) in Q1 2016, vs. just $202,500 (NZ$290,000) ... (read more)