NZX is pleased to announce that the Financial Markets Authority has granted market registration of the Fonterra Shareholders' Market. This will enable NZX to operate the market for Fonterra and its farmer shareholders once Fonterra’s Trading Among Farmers regime is launched.
NZX is also pleased to advise that it has been appointed market operator of the Fonterra Shareholders' Market by Fonterra.
The Fonterra Shareholders' Market is the private market where Fonterra farmer shareholders will trade Fonterra shares among themselves, as part of the Trading Among Farmers regime. The market is targeted for launch later in 2012.