Creation of the Natural Fibre Exchange (NFX) trading platform

CRA designed and developed the NFX electronic trading platform to connect buyers and sellers, provide trusted and transparent market-based reference prices, and enhance marketplace efficiency for wool and other natural fibre products. The NFX platform is starting with New Zealand wool and over time will bring together buyers and sellers across the globe for wool and other natural fibres.

CRA operates the platform as the independent Trading Manager for the fortnightly trading events. This ensures an independent and neutral transactional price discovery process to support buyer and seller relationships.

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