Press Release

Welcome to, NSX CALLS, the first eNewsletter of the Stock Exchange of Newcastle Limited.

• The NSX will be officially opened on the 21st March 2000 at 2.00 pm (EST) by the Hon. Joe Hockey, The Minister for Financial Services and Regulation.  It is expected that trading of securities on the NSX will commence shortly thereafter.
• The NSX will specialise in the trading of the securities of small, medium and regionally based businesses.
• The Exchanges trading hours will initially be 10.30am to 12.30 pm (EST) daily and will take place on the Newcastle Electronic Trading System (NETS).  NETS is a derivative of ASX's SEATS and is used under licence by the NSX.  Settlement of transactions on the Exchange will occur via CHESS and will be on a T+3 basis.
• The Exchange's website is being continually updated and if you haven't visited it for a while it may be worthwhile to have a look again.
• The Exchange is receiving a number of expressions of interest from companies wishing to list on the Exchange and the Exchange will shortly be announcing the names of its first listings.
• Enquiries regarding listing on the Exchange or Membership of the Exchange, should be directed to Steven Pritchard, Chief Executive Officer, Telephone +61 2 4969 2877 or Facsimile +61 2 4929 1556. 
  

For further Information please contact Steven Pritchard, Chief Executive Officer