NZX Alternative Market
E888899
The NZX Alternative Market is a secondary securities market in New Zealand designed for smaller or emerging companies seeking a more flexible and cost-effective public listing than the main exchange.
Statements (44)
| Predicate | Object |
|---|---|
| instanceOf |
alternative market
ⓘ
stock exchange ⓘ |
| alsoKnownAs | NZX Alternative Market (NXT) NERFINISHED ⓘ |
| assetClass |
equities
ⓘ
shares ⓘ |
| city | Wellington NERFINISHED ⓘ |
| country | New Zealand ⓘ |
| currency | New Zealand dollar NERFINISHED ⓘ |
| focus |
emerging companies
ⓘ
small companies ⓘ |
| governedBy | NZX Listing Rules for NXT NERFINISHED ⓘ |
| hasCharacteristic |
aimed at companies with growth potential
ⓘ
lower entry thresholds than main board ⓘ |
| hasFeature |
designed for growth companies
ⓘ
reduced compliance costs for issuers ⓘ simplified listing rules ⓘ |
| hasListingBoard | NXT Market Board NERFINISHED ⓘ |
| headquartersLocation | Wellington NERFINISHED ⓘ |
| industry |
capital markets
ⓘ
financial services ⓘ |
| jurisdiction | New Zealand law ⓘ |
| listingRequirements | less stringent than NZX Main Board ⓘ |
| location | New Zealand NERFINISHED ⓘ |
| marketType | secondary securities market ⓘ |
| operatedBy | NZX Limited NERFINISHED ⓘ |
| operator | NZX Limited NERFINISHED ⓘ |
| ownedBy | NZX Limited NERFINISHED ⓘ |
| parentOrganization | NZX Limited NERFINISHED ⓘ |
| product | equity securities ⓘ |
| purpose |
provide a cost-effective public listing option
ⓘ
provide a more flexible listing venue than the main NZX board ⓘ |
| regionServed |
Australasian issuers
ⓘ
New Zealand NERFINISHED ⓘ |
| regulator | Financial Markets Authority (New Zealand) NERFINISHED ⓘ |
| regulatoryEnvironment | lighter disclosure regime than main board ⓘ |
| relatedTo |
NZX Debt Market
NERFINISHED
ⓘ
NZX Main Board NERFINISHED ⓘ |
| sector | securities trading ⓘ |
| segmentOf | NZX equity markets NERFINISHED ⓘ |
| shortName | NXT NERFINISHED ⓘ |
| status | operational as an NZX market segment ⓘ |
| supervisedBy | Financial Markets Authority (New Zealand) NERFINISHED ⓘ |
| targetIssuerSize | smaller capitalization companies ⓘ |
| website | https://www.nzx.com ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.