Brokers fill an important role in the market. They are able to negotiate OTC deals between Participants and submit them for settlement as Off-Market trades. This type of trade can create significant value for Participants and follows emsTradepoint's verification procedures whilst maintaining all benefits of central counterparty clearing and settlement, including anonymity.
In 2018 we made some changes to our broker agreements that allow Accredited Brokers to (among other things) place orders on behalf of their clients where they have received explicit permission from their clients. All existing features of the exchange such as anonymity and the central-counter-party model etc remain the same.
- Aotearoa Energy
- ICAP New Zealand Limited
- OM Financial Limited