Pursuant to section 332(1) of the Financial Markets Conduct Act 2013, the Financial Markets Authority gives the following notice.
Contents
1 Title
2 Commencement
3 Interpretation
4 Approval of market rules
Notice
1 Title
This notice is the "NZX Derivatives Market Rules 2017".
2 Commencement
This notice comes into force on 25 August 2017.
3 Interpretation
(1) In this notice, unless the context otherwise requires, -
Act means the Financial Markets Conduct Act 2013
Main Board or NZSX means the main board equity security market operated by NZX
NZX means NZX Limited
NZX Derivatives Market means the derivatives board security market operated by NZX
(2) Any term or expression that is defined in the Act and used, but not defined, in this notice has the same meaning as in the Act.
4 Approval of market rules
(1) The NZX Derivatives Market Rules 2017 are approved as Rules for the Derivatives Market operated by NZX.
Dated at Wellington this 25 day of August 2017
Garth Stanish
Director of Capital Markets
Financial Markets Authority
Explanatory Note
This note is not part of the notice, but is intended to indicate its general effect.
This notice comes into force on 25 August 2017. The notice allows for NZX to replace the following sets of market rules with the corresponding amended rules with effect from 1 December 2017 or as otherwise determined by NZX.
(1) The NZX Derivatives Market Rules dated 16 April 2015.