Press Release

The National Stock Exchange of Australia (NSX), Australia’s second largest stock exchange, today announced that it will be lowering its trading fees to 0.1 basis points per buy and sell. The fee change is scheduled to take effect from the 2nd April and will coincide with the launch of direct internet trading access for individual investors via trading software from Paritech. Emlyn Scott, CEO of the National Stock Exchange, said “NSX currently charges $5.00 per side per trade. The new trading fees will represent a 90% reduction on average on the current fees. We have introduced this change to create better value for brokers and investors on the NSX.” “The change to NSX’s trading fees is just one of many changes NSX is implementing to ensure that companies, brokers and investors can access the best possible listing services in Australia.”