For investors, trading on the NSX is a matter of contacting a
registered broker. In some cases your existing broker may accept
orders and pass these onto registered brokers. Once trades have
been executed, then settlement is on a T+3 or trade today and settle in
three business days hence.
All trading on NSX is done by electronic means using NETS software in
broker participant offices.
Orders can be placed with brokers during normal offices hours, but
that execution of trades takes place between 10.00am and 4.15pm Monday to
Friday. National public holidays are non-business days.
Settlement days follow the ASTC CHESS Calendar.
ASTC CHESS Reports
As all companies are registered with ASTC CHESS, then investors receive
holding statement reports whenever they trade in shares.
More information on ASTC CHESS see the
CHESS Brochure
Trading and Settlement Calendars
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