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The WFE is the association of 52 regulated exchanges around the world. We develop and promote standards in markets.
Member Exchanges
New Zealand Exchange Ltd.
Tel : 64.4 472 7599
Fax : 64.4 496 2893
Representatives
Chairman : Mr. Andrew Harmos
Chief Executive Officer : Mr. Mark Weldon
- * - Half trading day (Short trading day) |
- ** - To replace a public holiday that falls on a Sunday |
- *** - Close early |
- **** - Will close at 1.00pm
- ο - Subject to the appearence of the moon |
- † - Subject to change |
- (I) - Weekends in Iran : Every Thursday & Friday
- (II) - Weekends in Israel : Every Friday & Saturday |
- (III) - In Malaysia, Saturday & Sunday are non-trading days
| Types of Securities Traded | Name of Trading Systems (cash and derivatives) | Trading Hours |
| Shares Rights Company options Debt securities Warrants Convertible notes Preference shares | Transport Global VisionTrading System (Screen based with FIX 4.4 API) | 8:00 - 9:00 Enquiry 9:00 - 10:00 Preopen 10:00 - 16:45 Normal Trading 16:45 - 17:00 Pre-close 17:00 - 17:30 Adjust 17:30 Enquiry |
Supervisory Body
Self-regulated
Name of Clearing & Settlement Organization
FASTER
Settlement Cycle
T + 3 fixed with option to settle early if both parties agree
Debt securites T + 5 fixed
Name of Central Securities Depository
No depository : Integrated electronic transfers
Commissions on Transactions levied by Exchange
None
Taxes on Dividends, Interests
Residents :
Dividend : 33 %
Interest : 19.5 %
No CGT, but gains may be subject to income tax.
Non-Residents :
Dividends : 30 % or where double tax treaty exists 15 %
Interest : 15 % or 0 % where approved issuer levy has been paid.
2007 Share ownership thresholds (%)
General minimum shareholding for any listed company is 100 shares
Short selling : Yes
Short selling conditions (if any)
Must be reported as short to the exchange