BNP Paribas accredited as Derivatives Market Maker
14/04/2026 08:34 NZST, MKTUPDTE
14 April 2026 - NZX advises that BNP Paribas has been accredited as a Designated Market Maker on the NZX Derivatives Market, ahead of the S&P/NZX 20 Index Futures launch on 28 April 2026.
Designated Market Makers support an orderly market by providing two-way prices in line with their market making obligations.
"We're pleased to welcome BNP Paribas to the NZX Derivatives Market as a Designated Market Maker," said Nick Morris, General Manager, Cash and Derivatives Markets at NZX. "As a leading global bank with deep experience in index futures market-making, their participation will play an important role in supporting liquidity in the S&P/NZX 20 Index Futures and the ongoing development of New Zealand's derivatives market."
“BNP Paribas is pleased to be accredited as a Designated Market Maker on the NZX Derivatives Market. Our team led by Damien Jasczyk, Head of Prime Services & Cash Equities, Australia and NZ, and Robert Fujiwara, Head of Delta One Trading and Market Making, Australia and NZ, are committed to supporting the S&P/NZX 20 Index Futures contract by providing quality two-way liquidity and are excited to contribute to an improved experience for anyone looking to trade broad-index equity exposure on New Zealand’s top listed companies,” said Simon Masnick, Head of Global Markets Australia and NZ for BNP Paribas.
About BNP Paribas
BNP Paribas has a presence in 64 countries and territories, with nearly 178,000 employees worldwide. It first opened branches in Australia in 1881 and has had a presence in New Zealand since 2002. Originally established in Sydney and Melbourne to finance the wool trade with Europe, today BNP Paribas provides financial services on a worldwide scale with distinctive European insights. Built on long-term relationships with local corporations, institutions and multinationals, and a deep understanding of financial markets, BNP Paribas provides clients with access to the world through one of the world’s largest banking networks. Across Australia and New Zealand BNP Paribas has more than 600 employees, based in Sydney, Melbourne, Perth, Auckland, and Wellington.
ENDS
For further information, please contact: Media and Investors – Simon Beattie – 021 702 694