New Zealand stock exchange operator NZX said on Wednesday it was taking steps to address technical issues it faced in the last six trading days due to an "around four-fold" surge in trading volumes since early 2020.
A review of New Zealand's under-performing capital markets is urging, among other measures, that market participants collaborate on technology development.
The Financial Markets Authority has reviewed the NZX's technology and found it worthy after two significant outages in 2018.
NZX-listed travel management software company Serko increased its revenues in 2019 to $23.4 million, near the top of guidance.
Two of the major communications companies operating across the North American market have signed up for IkeGPS' Ike Analyze system.
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