Meme stock trading threat sees new NZX alert launched
newscatcher
2023-09-26 22:36
Meme stock trading threat sees new NZX alert launched
Investment NZRegCo says three situations have occurred in last five years where it would have contemplated its new alert tool. Illustration: Michael Hickmott. Stockmarket regulator NZ RegCo is introducing a new 'trade with caution' alert to help mitigate the impact of retail investor and 'meme stock' share price volatility. A note to issues yesterday said the new alert would be effective shortly, and followed a review of NZ RegCo's tools and Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

https://www.nbr.co.nz/investment/meme-stock-trading-threat-sees-new-nzx-alert-launched/

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