Big tick(er) for Auckland
Auckland is set to get what is claimed as the largest high-definition financial information screen in Australasia.
The new stockmarket ticker goes live in Auckland this morning, wrapping around two sides of the NZX's Auckland office at Zurich House on Queen Street.
It would display 24-hour markets coverage, including indices, stock prices, futures, news, currency data.
NZX chief executive Tim Bennett said the sharemarket had a renewed focus on the Auckland market.
"With the majority of NZX's trading and advising participants headquartered in Auckland, more than 80 listed issuers with registered offices, and many more with significant operations here, clearly we recognise the strategic importance of Auckland to the markets," he said.
The ticker reinforced NZX's commitment to Auckland and to increasing the public profile of the capital markets, by providing valuable financial news and information to the public, Bennett said.
Once completed the ticker would run around the north and east faces of the building. It would be approximately one metre high, 64m long, and 32m on each side.
Work on one side of the display was finished, with both sides expected to be completed by the end of the month.