27 January 2021
Market Operator Obligations Targeted Review NZX
As a licensed market operator, NZX is required to meet certain general obligations imposed under section 314 of the
Financial Markets Conduct Act 2013 (FMC Act).
One of those obligations requires NZX to have sufficient technological resources to operate its licensed markets
properly. This includes ensuring, to the extent reasonably practicable, the availability, security, capacity and
maintenance of its trading platforms, settlement systems, internal market monitoring systems and other related
systems.
Financial Markets Conduct Act 2013 (FMC Act).
One of those obligations requires NZX to have sufficient technological resources to operate its licensed markets
properly. This includes ensuring, to the extent reasonably practicable, the availability, security, capacity and
maintenance of its trading platforms, settlement systems, internal market monitoring systems and other related
systems.