February 07, 2018 BY Valentina Kirilova

NZX to adjust NZ milk price options exercise price interval

NZX has announced that it will adjust the NZ milk price options minimum exercise price intervals to NZD 5 cents from NZD 10 cents, effective 8 March 2018. The change will allow traders in NZX’s dairy derivatives market to price structured options more accurately, and increase the amount of listed strikes as liquidity grows. This…

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