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Reserve Bank And NZX In Talks

Contributor:
Fuseworks Media
Fuseworks Media

Wellington, Dec 2 NZPA - The Reserve Bank and stock exchange operator NZX are in talks on a potential joint venture to provide clearing and settlement services in this country.

As a first step a review would be carried out to determine the feasibility of jointly providing the clearing and settlement functions of the two organisations, they said in a statement today.

Further information would be provided when available.

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