Top 4 Best Stock Exchanges in Australia and New Zealand
With so many people stuck at home during the coronavirus pandemic, millions of people have turned to stock investing in recent months, lured by the advent of ... read more...free trades. But to invest wisely, Investors need to know is about Stock Exchanges on which they spend their money. This paper showcases trustful equity bourses in Australia and New Zealand.
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Australian Securities Exchange (ASX) operates the Australian Stock Exchange and the Sydney Futures Exchange, facilitating trading in securities and derivatives, including stocks, futures, options and warrants. ASX also provides market data such as stock prices and relevant information including stock market announcements and market training.
Today, ASX has an average daily turnover of A$4.685 billion and a market capitalization of around A$2.53 trillion, making it one of the world's top 15 listed exchange groups with 2,121 companies listed.
Location: Sydney, Australia
Founded: 1987
Market cap: A$2.53 trillion
Trading schedule: 10:00 am to 4:00 pm, Sydney time
Website: www.asx.com.au
ASX Headquarter 
ASX Logo -
New Zealand Stock Exchange (NZX) is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, LifeSaver (a financial provider for KiwiSaver), and Wealth Technologies.
The NZX 50 is a headline stock market index which tracks the performance of 50 largest and most liquid companies by free float market capitalization. On 30 August 2020, the NZX had a total of 184 listed securities with a combined market value of NZ$184.87 billion.
Location: NZX Centre, Wellington, New Zealand
Founded: 31 December 2002
Market cap: NZ$184.87 billion
Trading schedule: Between the hours of 5:30pm and 8.30am (NZT)
Website: nzx.com
NZX Headquarter 
NZX Logo -
National Stock Exchange of Australia (NSX) is a stock exchange set up and managed specifically to cater for the listing of small to medium enterprises. The exchange is owned by NSX Limited which is listed on ASX.
NSX also operates SIM Venture Securities Exchange Limited. The market capitalization of all NSX stocks is $5 billion.
Location: Sydney, Australia
Founded: 1937
Market cap: $5 billion
Trading schedule: between 10.00am and 4.15pm Monday to Friday excluding notified holidays as published in the Trading and Settlement Calendars.
Website: www.nsx.com.au
NSX website 
NSX Logo -
Chi-X is the latest Stock Exchange to be licensed in Australia. Chi-X Australia offers an alternative to trading on ASX providing new order types and potential for lower costs. Chi-X Australia is owned by Chi-X Global, which also operates Chi-X Canada and Chi-X Japan. It now offers a full suite of 2,100 ASX-listed companies and 230 ETFs, as well as quoting its own warrants market.
Until very recently Chi-X Global was a wholly-owned subsidiary of the Nomura Group. However, five additional financial institutions have now taken a minority stake in the company. The new owners are BofA Merrill Lynch, Goldman Sachs, Morgan Stanley, GETCO and Quantlab.
Location: Level 23, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia
Founded: 2011
Market cap: updating
Trading schedule: Continuous trading hours for Chi-X are between 10:00am and 4:12pm, Monday to Friday
Website: https://www.chi-x.com.au
CHI-X Website 
CHI-X Logo
