Investor confidence in NXT and New Zealand's securities markets is critical. Please take the time to read the market warning below.
You will need to obtain an NZX Reference Number before you can trade on the NXT market.> REGISTER
Investors that wish to purchase shares in NXT companies are required to open or use an existing brokerage account with an NZX Participant (a broker). This website does not include the ability to execute trades.
Before investing in NXT companies, retail investors must be given the NXT Warning and confirm that they understand it. Your NZX Reference Number is evidence that you have read and understand the NXT Warning. Register here for an NZX Reference Number.
Learn more about your risk profile and different investor types by visiting Sorted's investment planner, brought to you by the Commission for Financial Literacy and Retirement Income.
The NXT Market (“NXT”) is a licensed market operated by NZX Limited that is designed for smaller companies that are typically at an earlier stage of business development and accordingly, the risks of investing in companies listed on NXT may be higher than investing in other companies.
Under the NXT Market Rules, NXT companies are required to immediately disclose information concerning specific events prescribed in the NXT Market Rules, however it is possible that some price sensitive information may not be required to be disclosed, and therefore you could trade on NXT without the benefit of all price sensitive information in relation to a NXT company. The NXT Market Rules require NXT companies to have an insider trading policy and insider trading law applies to anyone trading on the NXT Market.
NZX has appointed market makers and research providers for NXT, however, there is uncertainty as to the level of liquidity on NXT, which may impact upon your ability to sell shares when you want to.
This part of the NXT website is provided for information purposes only and does not constitute financial advice. Please consult your financial advisor for financial advice.