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NZX launches options
Friday 27th of March 2015
NZX equity options will launch on April 24.
It follows the introduction of the NZX20 Index futures contracts in June last year.
NZX will initially launch option contracts on ordinary shares in Fletcher Building, Spark NZ and Trade Me. Options on more stocks will follow.
One option contract gives the buyer the right but not the obligation to buy or sell 100 ordinary shares i...
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