Rules Consultation

NZX Rule Consultation October 2009

NZX is proposing to launch a derivatives market that will be cleared and settled through NZX's proposed new clearing and settlement system. Below is a consultation memorandum relating to the Rules and Procedures for that market, along with the draft Rules and Draft Procedures.

Derivatives Market Consultation Memorandum

Derivatives Market Rules

Derivatives Market Procedures

NZX Rule Consultation August 2009

NZX is restructuring its clearing and settlement systems and infrastructure.

Below are six Consultation Memoranda. One provides an overview of the new settlement system and the relevant rules governing the entities interacting with NZX's markets and the interelationship between those rules. The other Consultation Memoranda provide a more detailed description of the new rule sets relating to the clearing and settlement system, the Clearing and Settlement Rules and Procedures and the Depository Operating Rules and Procedures, and amendments required to the existing NZSX/ NZDX & NZAX Listing Rules, NZX Participant Rules and the NZ Markets Disciplinary Tribunal Rules and Procedures.

Consultation Memorandum August 2009

Consultation Memorandum Depository Operating Rules August 2009

Consultation Memorandum Clearing and Settlement Rules August 2009

Consultation Memorandum NZSX/ NZDX & NZAX Listing Rules August 2009

Consultation Memorandum NZX Participant Rules August 2009

Consultation Memorandum NZ Markets Disciplinary Tribunal Rules August 2009

Below are the Relevant Rules and Procedures to which the above Memoranda relate.

Clearing and Settlement Rules

Clearing and Settlement Procedures

Depository Operating Rules

Depository Operating Procedures

NZX Participant Rules Marked Up

NZX Participant Rules

NZX Participant Procedures

Exposure Draft for Proposed Rule Amendments (15 December 2008)

NZXR Announcement - Exposure Draft for Proposed Rules Amendments

NZSX/NZDX and NZAX Listing Rule Review - Consolidated Exposure Draft

NZSX/NZDX and NZAX Listing Rule Review - Summary of Rule Changes

Proposed NZX Conduct Rule Review (25 November 2008)

NZX Release on Rule Changes

NZX Conduct Rule Review Consultation (PDF, 368KB)

Proposed Trading Halt Guidance Note

NZX has formulated a proposal to vary its practices and procedures in relation to the application of trading halts under NZSX/DX Listing Rule 5.4/NZAX Listing Rule 5.4. NZX is seeking comment on the policy proposals embodied in the attached draft guidance note.