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 in
broker offices.
Orders can be placed with brokers during normal offices hours, but
that execution of trades takes place between 9.00am and 4.30pm Monday to
Friday. National public holidays are non-business days.
Settlement days follow the ASTC CHESS Calendar.
CHESS Reports
As all companies are registered with CHESS, then investors receive
holding statement reports whenever they trade in shares.
More information on CHESS:
CHESS Brochure
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