It was established by the Sharebrokers Amendment Act 1981 as the successor to the Stock Exchange Association of New Zealand. The purpose of the Exchange is to provide and operate an efficient market for the raising of capital for listed companies and the trading of securities, including shares and fixed interest securities such as bonds and Government stock. It is also responsible for maintaining professional standards among its members and among listed companies. The Exchange is funded from fees paid by its members, listed companies and charges for information services.
Trading takes place on screens which are part of a national computer system.
All data in this publication is for the year ended 31 December 1998 or as at 31 December 1998 unless otherwise stated. The information in this Review is compiled from a number of sources. The New Zealand Stock Exchange endeavours to produce accurate information, but it does not accept responsibility for inaccuracies.