The NZX Exchange (formerly known as the New Zealand Stock Exchange) is a stock exchange located in Wellington, New Zealand. It is the primary stock exchange in the country and is home to a number of New Zealand's leading companies, including major banks, telecommunications firms, and energy companies.
The NZX was established in 1875 and is one of the oldest stock exchanges in the world. It operates a number of markets, including the NZX Main Board, the NZX Debt Market, and the NZX Alternative Market. The exchange is regulated by the Financial Markets Authority, a New Zealand government agency.
Trading on the NZX takes place through an electronic trading platform called the NZX Market and is open from 10:00 a.m. to 4:00 p.m. local time, Monday to Friday. The exchange is closed on weekends and public holidays.
In addition to equities, the NZX also trades in a range of other financial instruments, including debt securities, derivatives, and exchange-traded funds. The exchange is a key part of New Zealand's financial market and plays a vital role in the country's economy.