The USX market is a broker traded market for continuous
trading of an Issuer’s securities

Unlisted is not a licensed financial product market. Unlisted is a financial product market that operates pursuant to an exemption from subpart 7 of Part 5 of the Financial Markets Conduct Act 2013 (the Act). Investors trading in securities quoted on Unlisted trade at their own risk and do not have the protections provided by Part 5 of the Financial Markets Conduct Act 2013, in relation to: insider trading, market manipulation, continuous disclosure, substantial holding disclosure, relevant interest disclosures, and the monitoring of market obligations by the Financial Markets Authority - refer to Website Terms and Conditions. On this website you can view market information and the current price of bids and offers and recent company announcements. To buy or sell securities in an Unlisted issuer, contact an Unlisted Registered Broker.



Our Values


Ensuring that all we do drives value in exchange with low compliance overhead


Our market places provide fully transparent arms-length mechanism for pricing and trading


In all that we offer we focus on efficient options that are open and informative


First launched in 2003 we have a track record in the New Zealand capital markets

About Us

The Unlisted Securities Exchange (USX) is a prescribed exempt financial product market. All trading on the occurs through USX brokers who enter or remove bids and offers at any time and trading occurs from 9am to 5pm Monday to Friday and attend to clearing and settlement. Investors cannot trade directly on the USX market.

USX has been designed to be easier to use and more cost-effective than the alternatives. Not only is the cost of listing competitive, but so are ongoing quotation and exit costs. More fundamentally, we enable businesses to allow trading in their shares on an arms length basis providing real value to all stakeholders through the ability to easily exchange shares and reduce the cost of capital.

News & publications

Contact us

Contact us today to see how we can help.

Welcome to the new USX website and trading platform. We have made a number of changes to improve the overall performance of the platform and how users interact with the information about our market and issuers.

The first key change is that the web pages provide some information about the market and announcements but to access detailed information you need to be logged in.

To create a login please click on the Register Button on the landing page and complete the registration form and select the Investor role. You will then be sent a verification email. Once you select the Verify button in the email your browser will open the Registration Checklist. Please select the Onboarding Template and complete the onboarding form and Submit. We will then approve your registration and you will receive a confirmation email.

Once approved you can log on to the platform.

You can view the market watch page from the Market or Assets menu item. By selecting the Details button you will be able to see detailed issuer information including market depth, Issuer Profile and Announcements page for each Issuer.