1.30 BLU 0.105 CNX 0.02 FMS 0.01 MJP 0.28 PAZ 4.57 REL 12.25 RNGA.A 12.24 RNGB.B 0.75 SEC 23.25 SEL 0.53 SFF 0.07 SGL 0.88 SYF 1.00 TMP 0.41 TVV 0.05 WTL 8.80 ZGL

What USX Offers

Unlisted is a prescribed exempt financial product market.
The Unlisted Securities Exchange (USX) is a cost-efficient and simple share trading platform for small to medium sized companies to provide liquidity and keep their shareholders informed. We operate several distinct markets for equity and debt securities.
What are the benefits of listing on USX?
For Issuers, USX:
  • Provides a centralised and transparent trading platform
  • Minimises market participation costs
  • Provides an arm’s length price discovery mechanism for securities, minimising the need for regular and costly company valuations
  • Improves liquidity
  • Facilitates communication with investors and shareholders
  • Lowers transaction costs
  • Provides an alternative to the burden of over the counter share trading administration by the company secretary
  • Enables exposure to greater investor interest and publicity
  • Provides a low-cost, first step for companies to facilitate share trading while examining their future options
  • Can provide a private market or temporary quotation option
For Shareholders, USX:
  • Provides a simple means to buy and/or sell shares in Issuers.
  • Provides Issuer Profiles to assist with information discovery about each Issuer.
For Brokers, USX:
  • Provides your clients access to a broader range of shares in small and growing New Zealand companies.
USX's rules and regulations
Unlisted is a prescribed exempt financial product market.
Unlisted (USX) is a financial product market operating under an exemption from subpart 7 of Part 5 of the Financial Markets Conduct Act 2013 (the “Act”).
USX provides a facility for trading previously allotted securities. USX has its own Market Rules and monitors compliance by Issuers with those Rules.
Investors in securities quoted on USX trade at their own risk and do not have the additional protection provided by Part 5 of the Act, in relation to. insider trading, market manipulation, continuous disclosure, substantial holding disclosure, relevant interests disclosures and the monitoring of market obligations by the FMA.
Issuers remain bound by the obligations contained in their constitutions, certain provisions of the Act and other legislation including the Companies Act, the Takeovers Code, the Financial Reporting Act, and by Common Law. Issuers are required to have available at all times their most recent Audited Annual Report.
Quotation on USX does not affect an Issuer's status under the Takeovers Act and Code, and the usual regulatory protections associated with a licensed financial product market and Financial Markets Authority enforcement of them are not available.
Want to know more?
Contact USX on 0508 UNLISTED (0508 865478), or by e-mail to info@usx.co.nz