New Zealand Stock Exchange (NZE) .NZ

AAA

DEFINITION of 'New Zealand Stock Exchange (NZE) .NZ'

The securities market in New Zealand. The New Zealand Stock Exchange (NZX), based in Wellington, consists of the New Zealand Alternative Market, the New Zealand Stock Market and the New Zealand Debt Market. Together their purpose is to offer secure, liquid investments and opportunities to grow capital to individuals and companies alike.

INVESTOPEDIA EXPLAINS 'New Zealand Stock Exchange (NZE) .NZ'

The NZX originated in New Zealand's 1870s Gold Rush, when the country's four biggest gold mines served as financial centers and each had its own exchange. It wasn't until 1974 that these entities merged to form the contemporary New Zealand Stock Exchange. In 2003, the NZX officially became a limited liability company, with its new name being the New Zealand Exchange Limited.

RELATED TERMS
  1. Stock Market

    The market in which shares of publicly held companies are issued ...
  2. Shareholder

    Any person, company or other institution that owns at least one ...
  3. Composite

    A grouping of equities, indexes or other factors combined in ...
  4. Security

    A financial instrument that represents: an ownership position ...
  5. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  6. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
RELATED FAQS
  1. Can stocks be traded on more than one exchange, such as, for example, on both the ...

    A stock can trade on any exchange on which it is listed. And to be listed it must meet all of the exchange's listing requirements ...
Related Articles
  1. Investing Basics

    Stock Basics Tutorial

    If you're new to the stock market and want the basics, this is the tutorial for you!
  2. Personal Finance

    The Birth Of Stock Exchanges

    Learn how British coffeehouses helped give rise to the juggernaut that is the NYSE.
  3. Options & Futures

    Getting To Know The Stock Exchanges

    Here are the answers to all the questions you have about stock exchanges but are too afraid to ask!
  4. Mutual Funds & ETFs

    Stocks Then And Now: The 1950s And 1970s

    The "good old days" of investing were actually fraught with limited opportunities and methods.
  5. Active Trading

    Eight Items That Impact Daily Trades

    Find out which factors can help you squeeze more profit out of each position.
  6. Trading Systems & Software

    The Global Electronic Stock Market

    The way trading is conducted is changing rapidly as exchanges turn toward automation.
  7. Investing

    The Best Way To Approach The Currency Hedge

    Currency is going to continue to be an important factor in investment choices, particularly as the dollar strengthens.
  8. Investing News

    Sun Pharma And Ranbaxy: An Ideal Pharma Marriage?

    The Sun Pharma merger with Ranbaxy will blend the complementary market strengths and areas of expertise of each company and create a powerful pharma force.
  9. Economics

    Growth and Stabilization In The Global Economy

    The continued advance for stocks implies a stabilization in international economies, which indicates global growth is steadying after declining last year.
  10. Investing

    Hedged ETFs That Help You Cushion Currency Impact

    If you’re an investor holding non-U.S. assets, the returns on your investments will be affected when you translate your investment from its local currency

You May Also Like

Hot Definitions
  1. Prepaid Expense

    A type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received ...
  2. Gordon Growth Model

    A model for determining the intrinsic value of a stock, based on a future series of dividends that grow at a constant rate. ...
  3. Cost Accounting

    A type of accounting process that aims to capture a company's costs of production by assessing the input costs of each step ...
  4. Law Of Supply

    A microeconomic law stating that, all other factors being equal, as the price of a good or service increases, the quantity ...
  5. Investment Grade

    A rating that indicates that a municipal or corporate bond has a relatively low risk of default. Bond rating firms, such ...
  6. Fringe Benefits

    A collection of various benefits provided by an employer, which are exempt from taxation as long as certain conditions are ...
Trading Center