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8 per cent) of the NZSE 40 and hence the aggregate liquidity figure for New Zealand.
3 Source: RBNZ Table 2 Quick ratios by country as at 2 September 2002 Quick Ratio Coverage (%) NZSE 40 0.
The NZSE has always used technology to become more competitive and to consistently decrease the time required for processing trades.
To achieve this, NZSE worked closely with several key business partners--companies with extensive experience in mobile technology that could provide a complete, end-to-end solution, meeting its stringent requirements for scalability, reliability and security.
However, in recent months the NZSE has been under growing pressure to form international alliances, the FT said.
Third, the authorities intend to legislate a Takeovers Code to protect minority shareholders, which would supplant the Takeover Code Regime run by the NZSE since 1994.
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