The New Zealand Financial Markets Association is the professional body for wholesale (institutional) banking in New Zealand. The Association represents the interests of its members in ensuring the sound management of the over-the-counter financial markets. This is achieved by promoting effective self-regulatory initiatives, advocating for the industry, providing relevant education, and developing and implementing high professional standards to be used by members when dealing in these markets.
NZFMA also maintains and is the Benchmark Administrator for benchmarks and indicative closing rates calculated and published by the NZdata Service.
NZFMA membership is institutionally based, with members providing a wide range of financial services such as corporate banking, trading in financial instruments and trade finance.
Global Code of Conduct
The New Zealand Financial Markets Association fully supports the new Global Code of Conduct for the Foreign Exchange Market released on 25 May 2017.
The new Code sets out global principles of good practice in the global foreign exchange market. Importantly, the Code covers appropriate conduct for both the buy and sell side, non-bank participants and the trading platforms.
This initiative has been further endorsed by both the Reserve Bank of New Zealand and the Financial Markets Authority. Read More
Change to the Capture and Calculation Methodology of the Afternoon Closing Rates
In order to maintain global best practice, the New Zealand Financial Markets Association will be changing the way the NZ afternoon closing rates are captured and calculated. The new system will go live on Monday 27 March 2017. Read More
NZFMA Thomson Reuters Charity Golf Classic 2017
The 2017 NZFMA Thomson Reuters Charity Golf Classic will be held again at the Wairakei International Golf Course and Hilton Lake Taupo from 3rd to 5th November. This year's chosen charity is Neonatal Trust. Please register your interest here
NZFMA News and Events
The NZFMA AGM meeting will be held in Auckland on 23 August 2017.
The 2017 NZFMA Thomson Reuters Charity Golf Classic will be held at Wairakei International Golf Course and Hilton Lake Taupo on 3-5 November.
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