National Stock Exchange of Australia

National Stock Exchange of Australia

National Stock Exchange of Australia (NSX) is a stock exchange based in Newcastle, Australia. It is owned and operated by NSX Limited, which is listed on the Australian Securities Exchange (listed 13 January 2005). On 20 December 2006 the Newcastle Stock Exchange formally sought approval and was granted a change of name by the Minister to National Stock Exchange of Australia and still trades by the acronym of NSX.

The NSX lists various companies within Australia and overseas that meet its listing rule requirements. Trading is all-electronic based on time and price priority using NETS (the NSX Electronic Trading System) which is based on the NASDAQ OMX X-stream trading platform. Settlement of securities is electronic and on a T+3 basis utilising the ASTC CHESS system.

Contents

History

The NSX was founded in 1937 and in the past had listed as many as 300 local and regional companies. Some grew to become significant businesses, such as Brambles Limited. It was reactivated in its present form in 2000.

Bendigo Stock Exchange

NSX Limited acquired Bendigo Stock Exchange (BSX) on 12 April 2005. BSX facilitates the trading of Bendigo Community Banks in an uncertificated market. Pending approval from the Minister the BSX will be renamed SIM Venture Securities Exchange (2010) with the objective of listing securities that have cleantech credentials. The bank securities will continue to be traded on a BSX Board within the SIM market.

Taxi Market and National Licence Market

NSX created the first publicly tradeable taxi licence market in conjunction with the Victorian Taxi Directorate. The market started trading on 28 March 2006. Licences and temporary transfers are traded. The National Licence Exchange replicates the Taxi Market but on a national basis.

The Water Exchange

NSX Limited acquired The Water Exchange on 19 October 2007. The Water Exchange facilitates the trading of permanent and temporary water entitlements within Australia.

See also

References


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • National Stock Exchange — could refer to: National Stock Exchange of India National Stock Exchange of Australia National Stock Exchange, Chicago This disambiguation page lists articles associated with the same title. If an …   Wikipedia

  • National Stock Exchange, Chicago — This article is about the stock exchange based in Chicago, United States. For similarly named exchanges, see National Stock Exchange of India and National Stock Exchange of Australia. The National Stock Exchange (NSX) is an electronic stock… …   Wikipedia

  • National Stock Exchange of India — National Stock Exchange राष्ट्रीय शेअर बाज़ार …   Wikipedia

  • National Stock Exchange — The first stock exchange in America that was completely electronically automated. All members of the exchange are registered broker dealers. This exchange created the National Securities Trading System (NSTS), which performs all auction market… …   Investment dictionary

  • National Party of Western Australia — The Nationals Western Australia Leader Brendon Grylls Party President Hon Colin Holt MLC …   Wikipedia

  • Newcastle Stock Exchange — (NSX) is a small stock exchange based in Newcastle, Australia. It is owned and operated by NSX Limited, which is listed on the Australian Stock Exchange (listed 13 January 2005). On 20 December 2006 the Newcastle Stock Exchange formally sought… …   Wikipedia

  • Australian Stock Exchange — /ɒˌstreɪliən stɒk ɪkˌstʃeɪndʒ/ noun the national stock exchange of Australia, made up of six exchanges (in Adelaide, Brisbane, Hobart, Melbourne, Perth and Sydney). Abbreviation ASX …   Dictionary of banking and finance

  • Bombay Stock Exchange — मुंबई शेअर बाजार …   Wikipedia

  • Shanghai Stock Exchange — 上海证券交易所 …   Wikipedia

  • Companies listed on the New York Stock Exchange (N) — New York Stock Exchange listed stocks: 0 9 A B C D E F G H I J K L M N O P Q R S T U V W …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”