According to data from their site, the NSX has 67 companies.Also on Wednesday, the NSX processed five trades across its exchange. The total trade value of those trades was $125,732.Meanwhile on the ASX, in just one day (Thursday) CSL Ltd [ASX:CSL] alone topped $255.8 million. In just one stock. And as for the number of trades…over 1.8 million.
blue chip companies want liquidity. NSX, like ISX, will trade the dodgy companies on the edge who have difficulty in the mainstream equity market. Look for small time miners raising funds from OT Capital managed schemes. Australia can use an OTC Penny stock exchange as well. Without it how will we ever write our own version of The Wolf of Wall Street?
According to data from their site, the NSX has 67 companies.Also...
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