National Stock Exchange of Australia
The National Stock Exchange of Australia is an ASIC-regulated stock exchange operating a trading and listing platform for approximately 50 Australian equities, primarily resource-sector issuers, distributed through a network of 22 broker-dealers and now owned by CNSX Group.
- Company typePrivate
- Founded1999
- HeadquartersNewcastle, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What National Stock Exchange of Australia does
The National Stock Exchange of Australia (NSX) is a licensed Australian stock exchange headquartered in Newcastle, operating a regulated equities trading venue for approximately 50 listed securities with a combined market capitalisation of AUD$2.4 billion. Its core platform delivers listing services, trade execution, settlement, and market data distribution across an Australian broker network of approximately 22 licensed broker-dealers, with a stated focus on the resources and mining vertical — positioning itself as "the New Home for Resources." The exchange generates revenue through three primary streams: one-time listing fees and recurring annual compliance fees from issuers, transaction fees on executed trades, and recurring annual fees from broker-dealers and nominated advisers, supplemented by market data distribution.
The exchange's underlying technology stack is being upgraded through a landmark April 2026 partnership with Aquis Exchange Limited (a SIX Group AG subsidiary), integrating the Aquis Equinox high-performance low-latency matching engine and advanced market surveillance tools — a migration that will proceed under ASIC regulatory oversight. NSX also operates a TickerTalk podcast and content-marketing channels aimed at attracting issuer listings and educating investors. In October 2025, NSX was acquired by CNSX Group — the parent company of the Canadian Securities Exchange — in an all-cash transaction at AUD$0.04 per share with 94.78% shareholder approval, opening a strategic pathway to cross-listings between Australian and Canadian capital markets and providing new ownership capital for technology and operational expansion.
National Stock Exchange of Australia firmographics
Firmographics- Name
- National Stock Exchange of Australia
- Legal name
- National Stock Exchange of Australia
- Website
- https://nsxa.com.au
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The National Stock Exchange of Australia is an ASIC-regulated stock exchange operating a trading and listing platform for approximately 50 Australian equities, primarily resource-sector issuers, distributed through a network of 22 broker-dealers and now owned by CNSX Group.
- Ownership category
- akta.pro rank
National Stock Exchange of Australia industry classification
Industry- Product category
- Securities Exchange Services
- NAICS
- Securities and Commodity Exchanges (52321), Securities and Commodity Exchanges (5232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Primary Listing Stock Exchanges (FSAFAAAA)
- akta.pro secondary industry
- Equities Trade Execution Platforms (ATS/MTF/ECN) (FSAFANAA)
Keywords
Where National Stock Exchange of Australia is headquartered
LocationHeadquarters
- HQ city
- Newcastle
- HQ country
- Australia
- HQ region
- Oceania
Markets served
National Stock Exchange of Australia business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Listing Fees: Fees charged to companies seeking to list on the exchange, including initial listing fees and ongoing compliance fees.
- Trading Transaction Fees: Transaction fees generated from securities trading activity executed through the exchange platform.
- Broker Fees: Fees charged to the approximately 22 broker-dealers operating on the exchange for market access and regulatory compliance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Annual | Company Listing Fees |
| Subscription | Annual | Broker Fees |
| Subscription | Annual | Adviser Fees |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
National Stock Exchange of Australia product offering
Product offeringCore offering
The National Stock Exchange of Australia (NSX) operates as a regulated Australian stock exchange providing listing, trading, market data, and settlement services for approximately 50 listed securities with a combined market capitalisation of $2.4 billion. The exchange facilitates equity capital raises (averaging $8.3 million per listing) and connects listed companies with investors through a network of approximately 22 licensed broker-dealers. Following acquisition by CNSX Group and a technology partnership with Aquis Exchange (SIX Group), NSX is upgrading its matching engine and surveillance infrastructure while pursuing cross-listing opportunities with the Canadian Securities Exchange.
Product overview
NSX operates as a unified stock exchange platform offering Australian equities trading, listing, and market data services. The core platform handles trading for approximately 50 listed securities across various sectors including resources. Recent infrastructure upgrades include the integration of Aquis Equinox matching engine technology from Aquis Exchange Limited, adding high-performance low-latency execution capabilities and market surveillance tools to enhance trading operations. The exchange provides comprehensive services including listing facilitation, market data distribution, broker connectivity, and settlement services, with 22 affiliated brokers facilitating market access.
Differentiator
Problem solved
Functional benefit
Products and services
- NSX Core Trading Platform Core stock exchange trading platform for Australian equities markets, providing trading, listing, market data, and settlement services for approximately 50 listed securities with a market capitalisation of $2.4 billion.
- Market Data Services Provides comprehensive market data including official list, market summary, prices, announcements, statistics, daily diary, indices, and delisted/suspended securities information for NSX-listed companies.
- Listing Services Enables companies to list on NSX with support through the listing process including nominated adviser services, trading model selection, and fee structures. Average raising of $8.3 million per listing.
- Broker Services Access to 22 NSX-approved brokers providing trading services, market access, and broker supervision for investors and market participants.
Quantifiable outcome
- $2.4 billion market capitalization across ~50 listed securities
- +1 more outcomes
Companies that use National Stock Exchange of Australia
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
National Stock Exchange of Australia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature2 records
National Stock Exchange of Australia partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- Aquis Exchange Limited (SIX Group AG)coreNSX announced a landmark partnership with Aquis Exchange Limited, a subsidiary of SIX Group AG, to incorporate the Aquis Equinox matching engine and advanced market surveillance tools into its platform. The new infrastructure delivers high-performance low-latency execution and increased order volume capacity to support future growth and product development across Australian equities markets. NSX will engage with ASIC during the migration.
- CNSX Global Markets Inc. (Canadian Securities Exchange)flagshipCNSX Group, the parent company of Canadian Securities Exchange, completed acquisition of NSX Limited (parent company of National Stock Exchange of Australia) through an all-cash transaction with 94.78% shareholder approval. The acquisition aims to strengthen NSXA's position and growth prospects in Australia, including expanding technology, operational capabilities, and potential cross-listings between CSE and NSX.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
National Stock Exchange of Australia competitors and assessment
Company assessmentBroad incumbents
- Australian Securities Exchange (ASX): ASX is Australia's primary stock exchange operator, dominating listings, trading, and post-trade services for Australian equities. It is the dominant incumbent that NSX competes against for issuer listings and trading volume in the same geographic and asset-class market.
- Singapore Exchange (SGX): SGX operates a multi-asset exchange across equities, derivatives, and fixed income in the Asia-Pacific region. It is a comparable broader incumbent offering listing, trading, and market data services with regional relevance to NSX's Asia-Pacific equities focus.
- Hong Kong Exchanges and Clearing (HKEX): HKEX operates the primary stock exchange in Hong Kong, providing listing, trading, clearing, and market data services across equities and derivatives. Comparable as a broader incumbent exchange operator in the Asia-Pacific equities ecosystem relevant to NSX.
- Japan Exchange Group (JPX): JPX operates the Tokyo Stock Exchange and Osaka Exchange, providing listing, trading, clearing, and market data services for Japanese equities. Comparable as a broader incumbent exchange operator serving a national equities market in Asia-Pacific.
- London Stock Exchange Group (LSEG): LSEG operates the London Stock Exchange and related trading venues, offering listing, trading, and market data services across multiple asset classes. Comparable as a broad incumbent exchange operator with international listings focus relevant to NSX's cross-listing ambitions.
Direct peers
- Cboe Australia: Cboe Australia operates an alternative trading venue for Australian equities, directly competing with NSX for order flow and broker connectivity in the same market. Both are smaller exchanges challenging ASX's dominance with differentiated execution models.
- Canadian Securities Exchange (CNSX/CSE): CSE is a Canadian stock exchange targeting small and mid-cap listings, now NSX's parent company. It is structurally comparable as a listing-focused exchange serving growth-stage issuers, and its acquisition of NSX creates a sibling-exchange peer model.
Emerging players
- Aquis Exchange: Aquis Exchange operates a pan-European equities exchange and supplies the Aquis Equinox matching engine and surveillance technology now deployed at NSX. As both a technology partner and a competing exchange operator, it is a partial-overlap emerging player with shared infrastructure.
Regional players
- NZX (New Zealand's Exchange): NZX operates the principal stock exchange in New Zealand, offering equities listing, trading, and market data services comparable to NSX's core offering. It is a similarly sized regional exchange operator targeting small and mid-cap issuers in an adjacent geography.
- Johannesburg Stock Exchange (JSE): JSE operates the primary stock exchange in South Africa with strong resources-sector listing heritage, similar to NSX's resource-sector focus. It is a regionally focused exchange operator with comparable equity listing and trading services for a national market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
National Stock Exchange of Australia social profiles
Digital presenceNational Stock Exchange of Australia financial estimates
Financial estimateRevenue estimate
Valuation estimate
National Stock Exchange of Australia leadership team
Management profileNumber of profiles
Profiles3 records
National Stock Exchange of Australia funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
National Stock Exchange of Australia M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about National Stock Exchange of Australia
What does National Stock Exchange of Australia do?
The National Stock Exchange of Australia (NSX) operates as a regulated Australian stock exchange providing listing, trading, market data, and settlement services for approximately 50 listed securities with a combined market capitalisation of $2.4 billion. The exchange facilitates equity capital raises (averaging $8.3 million per listing) and connects listed companies with investors through a network of approximately 22 licensed broker-dealers. Following acquisition by CNSX Group and a technology partnership with Aquis Exchange (SIX Group), NSX is upgrading its matching engine and surveillance infrastructure while pursuing cross-listing opportunities with the Canadian Securities Exchange.
Is National Stock Exchange of Australia a public or private company?
National Stock Exchange of Australia is a private company. It is classified as corporate owned and is currently operating.
When was National Stock Exchange of Australia founded?
National Stock Exchange of Australia was founded in 1999. It employs 11 to 50 people.
Where is National Stock Exchange of Australia based?
National Stock Exchange of Australia is headquartered in Newcastle, Australia, in the Oceania region.
How does National Stock Exchange of Australia make money?
Three revenue lines are on record. Listing Fees are the primary driver. The others are trading Transaction Fees and broker Fees.
Who are National Stock Exchange of Australia's main competitors?
Broad incumbents on record are Australian Securities Exchange (ASX), Singapore Exchange (SGX), Hong Kong Exchanges and Clearing (HKEX), Japan Exchange Group (JPX) and London Stock Exchange Group (LSEG). Direct peers are Cboe Australia and Canadian Securities Exchange (CNSX/CSE). Aquis Exchange is listed as an emerging player. Regional players are NZX (New Zealand's Exchange) and Johannesburg Stock Exchange (JSE).
Does National Stock Exchange of Australia have an API?
No public API is recorded for National Stock Exchange of Australia.
What industry is National Stock Exchange of Australia in?
National Stock Exchange of Australia's product category is Securities Exchange Services. Its primary akta.pro industry code is FSAFAAAA, Primary Listing Stock Exchanges, with a secondary code of FSAFANAA, Equities Trade Execution Platforms (ATS/MTF/ECN). Its NAICS code is 52321 and its SIC code is 6200.