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Reserve Bank and NZX in talks
NEWS RELEASE
Date 2 December 2009
Time
9:15am
Reserve Bank and NZX in talks
The Reserve
Bank of New Zealand and NZX today announced they are engaged
in discussions on a potential joint venture to provide
Clearing and Settlement services in New Zealand.
As a first step the Bank and NZX will undertake a review to determine the feasibility of jointly providing the clearing and settlement functions of the two organisations.
The Reserve Bank and NZX will update the market when further information is available.
ENDS
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