New Zealand's Exchange (Māori: Te Paehoko o Aotearoa), known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies. On 30 August 2020, the NZX had a total of 184 listed securities with a combined market value of NZ$184.87 billion. The main trading board is typically open from 10am to 4:45pm. NZX began life as a number of regional stock exchanges during the gold rush of the 1860s. The first brokers’ association was started in Dunedin in 1867, then in Otago in 1868, Auckland in 1872, Wellington in 1882. The Dunedin Brokers’ Association became a stock exchange in 1893, then Christchurch gained an exchange in 1900. Auckland, Christchurch, Dunedin, Thames and Wellington formed the Stock Association of New Zealand in 1915, joined by Taranaki in 1916, Invercargill in 1920 and Gisborne in 1922. The Stock Association of New Zealand set up a sub-committee to investigate setting up a national stock exchange. In 1983 the regional exchanges were amalgamated to form a national stock exchange, the New Zealand Stock Exchange (NZSE). More information...
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