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outlining the proposed scope and areas of focus for its Main Board/Debt Market Listing Rules review, and is now seeking feedback from interested parties.

FASTER settlement is a New Zealand-based financial settlement system operated by the New Zealand Exchange (NZX).

Only holdings belonging to participants are recorded in FASTER, holdings related to individual shareholders who are not participants are delegated to a number of registries.

The alternative settlement system in New Zealand is Austraclear system operated by the Reserve Bank of New Zealand.

In October 2016 Tim Bennett announced that he would step down from his position as CEO on 31 December 2016.

NZX's Head of Markets, Mark Peterson, stepped in as interim CEO on January 1 2017, becoming CEO on a permanent basis from April 2017.

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The securities and pricing provided on NZX Virtual Trading are based on actual NZX listed shares and ETFs.

The NZX Centre building in Wellington was originally constructed in 1907 for the C&A Odlin Timber Company, and is one of the few surviving industrial buildings in the Edwardian style. In December 2002, the New Zealand Stock Exchange, as it was then known, became a listed company.

It officially changed its name to the New Zealand Exchange Limited around six months later and now trades as NZX.

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NZX Limited builds and operates capital, risk and commodity markets and the infrastructure required to support them.Participants include stockbrokers and financial institutions. Each participant has a Faster Transfer Account (FTA) where stock is held pending delivery to other participants or to owned accounts.