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  1. #761
    Member
    Join Date
    Jun 2020
    Location
    Auckland
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    193

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    NZX are using the same wet bus ticket on themselves as they use for anyone else... Cannasouth and Blackwell etc etc...
    Quote Originally Posted by KJMLimited View Post
    NZX haven't covered themselves in glory with their comms. They are quick to jump on listed companies when disclosure rules are breached, especially those continuous disclosure rules around material information. Is this event material? It would have to be IMO. NZX Regulation needs to be asking these questions of NZX management. Confidence in the integrity of the market will take a knock so that's FMA territory so where are they? Let's hope for a fix today as if not the outcome will be 1 full days trading out of 9 days (Saturday 22nd to Sunday 30th). That is a long time in modern-day investment markets. What if there had been a Covid-19 negative development in that time?

  2. #762
    Member
    Join Date
    Mar 2020
    Location
    great barrier island
    Posts
    410

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    SPEND SOME MONEY AND GET S😈😠T RUNNING.Its beginning to look like a third world market.Its been pathetic for some time,last few days is just the icing on the cake!!

  3. #763
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,453

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    Fingers crossed, I'm not taking any money on how long it stays open

    To: Market Participants
    From: NZX Limited
    Date: Friday, 28 August 2020
    Subject: Markets to open as normal

    Message:
    NZX’s markets will open as normal today, following ongoing work to put in place additional measures to maintain system connectivity, and address the severe DDoS attacks from offshore this week.

    NZX has been continuing to work with its network service provider, Spark, and national and international cyber security partners, including GCSB, to address the recent cyber-attacks.
    NZX has been in close contact with market participants, and appreciates the support and level of understanding during the periods of disruption to trading.
    ENDS

  4. #764
    Senior Member
    Join Date
    Nov 2009
    Posts
    746

    Default

    Pfft. It's down already

    NZX have got RedShield which should protect against DDOS and it's doing its job but the exchange isn't a happening thing
    redhsielf.JPG

  5. #765
    Legend
    Join Date
    Dec 2009
    Location
    Everywhere
    Posts
    6,998

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    Quote Originally Posted by tango View Post
    Pfft. It's down already

    NZX have got RedShield which should protect against DDOS and it's doing its job but the exchange isn't a happening thing
    redhsielf.JPG

    It might be time to put a call in to the Real Professionals to sort things out..

  6. #766
    Member
    Join Date
    Jul 2020
    Posts
    109

    Default

    Imagine if the government and AIR had wanted to get a $1b capital raise via a placement and rights issue underway last week. Who would take a placement when the market presents such liquidity risk? It would have been impossible. That's why NZX need a good roasting and may still be vulnerable if capital raisings migrate to the ASX.

  7. #767
    Missed by that much
    Join Date
    Jan 2014
    Posts
    898

    Default

    Has the NZX been hit again. No trades today so far and they are showing this message "The open of the NZX Main Board and Fonterra Shareholders Market has been temporarily delayed.
    Further information will be provided shortly."

  8. #768
    Senior Member
    Join Date
    Jul 2020
    Location
    Chrsitchurch
    Posts
    887

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    Not the only NZ business either this morning...

  9. #769
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,886

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    Quote Originally Posted by Greekwatchdog View Post
    Not the only NZ business either this morning...
    ...and bull....’s connectivity is broken as well
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #770
    Banned
    Join Date
    Dec 2015
    Location
    Maori land
    Posts
    1,776

    Default

    Another fxkg annoying Monday!

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