NSX 0.00% 2.0¢ nsx limited

New listing, page-21

  1. 964 Posts.
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    What do you think the catalyst in your onion will be to move the SP up north.

    I'm thinking Trade Acceptance Service (“TAS”) “Go Live” upon ASIC approval. TAS will bring about automation necessary to allow for NSXA to scale operations. it's contingent on ASX Clear lodging its Operating Rule changes and passing the 28-day disallowance period.

    The introduction of TAS will be a mandatory change for CHESS registered securities and the market at which
    point NSXA will commence disseminating its trades to ASX Clear through CHESS. Importantly, this
    development will harmonise the market practice for trade registration and post-trade processing between the
    ASX, NSXA and Chi-X markets.

    The resulting post-trade automation will reduce risks and deliver greater efficiencies to participants and increase
    the visibility of NSXA’s market with investors. At the same time, the move to TAS positions NSXA to increase
    the scale of its operations and compete from a more level platform for listings.”

    Last edited by milk: 23/09/20
 
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