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.

All labels observed (2)

Label Occurrences
NZX Alternative Market canonical 1
NZX Alternative Market (NXT) 1

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf alternative market
stock exchange
alsoKnownAs NZX Alternative Market (NXT)
assetClass equities
shares
city Wellington
country New Zealand
currency New Zealand dollar
focus emerging companies
small companies
governedBy NZX Listing Rules for NXT
linked to: NXT Market
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
linked to: NXT Market
headquartersLocation Wellington
industry capital markets
financial services
jurisdiction New Zealand law
listingRequirements less stringent than NZX Main Board
location New Zealand
marketType secondary securities market
operatedBy NZX Limited
linked to: NZX
operator NZX Limited
linked to: NZX
ownedBy NZX Limited
linked to: NZX
parentOrganization NZX Limited
linked to: NZX
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
regulator Financial Markets Authority (New Zealand)
regulatoryEnvironment lighter disclosure regime than main board
relatedTo NZX Debt Market
linked to: NZX

NZX Main Board
linked to: NZX
sector securities trading
segmentOf NZX equity markets
linked to: NZX
shortName NXT
status operational as an NZX market segment
supervisedBy Financial Markets Authority (New Zealand)
targetIssuerSize smaller capitalization companies
website https://www.nzx.com

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

New Zealand Exchange hasMarket NZX Alternative Market
NZX Alternative Market alsoKnownAs NZX Alternative Market (NXT)
linked to: NZX Alternative Market