NEW ZEALAND EXCHANGE LIMITED
NZX - Operating Metrics September 2008 - Mr Geoff Brown, Head of Market Products
Tue, 7 Oct 2008 01:50PM
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Mr Geoff Brown
Tue, 7 Oct 2008
01:50PM Australia/NSW
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NEW ZEALAND EXCHANGE LIMITED (NZ:NZX)
ASX code: NZX,NZX,NZ:NZX
Website: http://www.nzx.com/
Industry: GICS Sector Code Not Applicable,Financial Services
Principal Activities:
Address:
Level 2, NZX Centre, 11 Cable Street
Wellington
New Zealand
Phone: +64 4 472 7599
Fax: +64 4 496 2893
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NEW ZEALAND EXCHANGE LIMITED (NZ:NZX) Events
Australia/NSW
INTERVIEW WITH MR. GEOFF BROWN, HEAD OF MARKET PRODUCTS OF NEW ZEALAND EXCHANGE LIMITED (NZX)
“Operating Metrics September 2008”
http://www.brr.com.au/event/52135
TUESDAY, OCTOBER 7, 2008, 2:50 PM.
BRR Today Boardroom Radio speaks with Mr. Geoff Brown, Head of Market Products at the NZX for the operating metrics for September 2008.
10
Welcome to Boardroom Radio, Geoff.
NZX Yeah, thanks very much and thanks for the opportunity.
September was a very strong month as everyone would expect. The volatility
15 we’ve seen in markets was reflected for us in total trades for September up to 17% against the year ago. The average daily trade we’re up 6% which reflects to additional trading days this September as against last September, but the actual number of average daily trades at 2,647 was the highest month for 2008. We continue to see an additional strong activity and audit market
20 with trade numbers up to 30% against a year ago, and value traded almost double September 2007 levels. The other thing we’ve noted in a number of these conversations in our monthly report is just the market data terminals number which again continues to show increases on a year ago up 5% over the number now at 10,502 is also the highest we saw earlier this year of
25 10,908 and so, a small fall off on those numbers. All in all, given that volatility and the improvement that we’ve seen in trade numbers, a pleasing result albeit in a difficult market environment.
BRR I guess definitely some interesting times. Thanks for the update today on this
30 September operating metrics for the NZX.
NZX Thank you.
BRR Remember, if you have any questions about this broadcast or any others, please feel free to send me an e-mail at brr@brr.com.au or via the Contact
35 Us button on the page.
I’m Terence Bell, thanks for listening to Boardroom Radio.
INTERVIEW CONCLUDED
Contact brr@brr.com.au for more information
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