20 May 2011

OMF approved as dairy futures market broker

11:49 am on 20 May 2011

OMFinancial is the first New Zealand-based broker to provide access to the NZX Dairy Futures market.

Global institutions have been trading New Zealand's Dairy Futures since late last year and OMF has now gained approval as an advising participant.

NZX says trading volumes on the dairy futures market reached record levels last week, with 115 contracts traded.

A total of 683 contracts have been traded since the market was launched in October last year.