ASX and NZSE resume merger talks
Trading activity on the ASX increased by 27 percent over the past year while activity on the New Zealand Stock Exchange (NZSE) has been relatively flat.
This fact together with larger New Zealand companies seeking dual listings on ASX / NZSE and mergers between the world's largest exchanges has brought the NZSE back to the table.
As the world's exchanges look to provide 24 hour global trading it will be imperative that Australia and New Zealand participate. Failure to do so will see both investors and larger companies going overseas to participate in global capital markets.