One of the best

New Zealand’s listed stock exchange NZX has been included in a Forbes list of the 2 ‘Best Under a Billion’ top-performing companies in Asia for the fourth consecutive year. The NZX was listed by Forbes as having sales of $US31 million, net income of $US28m and a market value of $US121m. “Representing New Zealand on the Forbes Best Under a Billion list is testament to the tireless work of the team at NZX, in Auckland, Feilding, Wellington and Melbourne, and their fundamental belief that what we do in New Zealand can, and does, matter,” NZX chairman Andrew Harmos said. Next month, NZX will launch a diversification into derivatives, starting with cash-settled contracts on the price of whole milk powder traded internationally by Fonterra.