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NZX Clearing
New Zealand's Exchange (), known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies. , the NZX had a total of 179 listed securities with a combined market value of 184.62billion. History NZX established itself as a number of regional stock exchanges during the gold rush of the 1860s. The first brokers' association was started in Dunedin in 1867, then in Otago gold rush, Otago in 1868, Auckland in 1872, Wellington in 1882. The Dunedin Brokers’ Association became a stock exchange in 1893, then Christchurch gained an exchange in 1900. Auckland, Christchurch, Dunedin, Thames, New Zealand, Thames and Wellington formed the Stock Association of New Zealand in 1915, joined by Taranaki in 1916, Invercargill in 1920 and Gisborne, New Zealand, Gisborne in 1922. The Stock Association of New Zealand set up a sub-committee to investigate setting up a national stock exchange. I ...
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Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic system to process financial transactions. To be able to trade a security on a particular stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as mod ...
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Settlement (finance)
Settlement is the "final step in the transfer of ownership involving the physical exchange of securities or payment". After settlement, the obligations of all the parties have been discharged and the transaction is considered complete. In the context of securities, settlement involves their delivery to the beneficiary, usually against ( in simultaneous exchange for) payment of money, to fulfill contractual obligations, such as those arising under securities trades. Nowadays, settlement typically takes place in a central securities depository. In the United States, the settlement date for marketable stocks is usually 1 business day after the trade is executed, often referred to as " T+1." For listed options and government securities in the US, settlement typically occurs 1 day after trade execution. In Europe, settlement date has been adopted as 2 business days after the trade is executed. As part of performance on the delivery obligations entailed by the trade, settlement involve ...
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Exchange-traded Funds
An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. ETFs own financial assets such as stocks, Bond (finance), bonds, currencies, debts, futures contracts, and/or commodities such as gold bars. Many ETFs provide some level of Diversification (finance), diversification compared to owning an individual stock. An ETF divides ownership of itself into Share (finance), shares that are held by shareholders. Depending on the country, the legal structure of an ETF can be a corporation, Trust law, trust, open-end management investment company, or Unit investment trust, unit investment trust. Shareholders indirectly own the assets of the fund and are entitled to a share of the profits, such as interest or dividends, and would be entitled to any residual value if the fund undergoes liquidation. They also receive annual reports. An ETF generally operates with an arbitrage mechanism designed to keep it tradin ...
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Stuff (website)
Stuff is a New Zealand news media website owned by newspaper conglomerate Stuff Ltd (formerly called Fairfax). As of early 2024, it is the most popular news website in New Zealand, with a monthly unique audience of more than 2 million. Stuff was founded in 2000, and publishes breaking news, weather, sport, politics, video, entertainment, business and life and style content from Stuff Ltd's newspapers, which include New Zealand's second- and third-highest circulation daily newspapers, ''The Post'' and '' The Press'', and the highest circulation weekly, '' Sunday Star-Times'', as well as international news wire services. Stuff has won numerous awards at the Newspaper Publishers' Association awards including 'Best News Website or App' in 2014 and 2019, and 'Website of the Year' in 2013 and 2018, 'Best News Website in 2019', and 'Digital News Provider of the Year' in 2024 and 2025. History Independent Newspapers Ltd, 2000–2003 The former New Zealand media company Independ ...
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New Zealand Herald
''The New Zealand Herald'' is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment, and considered a newspaper of record for New Zealand. It has the largest newspaper circulation in New Zealand, peaking at over 200,000 copies in 2006, although circulation of the daily ''Herald'' had declined to 100,073 copies on average by September 2019. The ''Herald''s publications include a daily paper; the ''Weekend Herald'', a weekly Saturday paper; and the ''Herald on Sunday'', which has 365,000 readers nationwide. The ''Herald on Sunday'' is the most widely read Sunday paper in New Zealand. The paper's website, nzherald.co.nz, is viewed 2.2 million times a week and was named Voyager Media Awards' News Website of the Year in 2020, 2021, 2022, and 2023. In 2023, the ''Weekend Herald'' was awarded Weekly Newspaper of the Year and the publication's mobile application was the News App of the Year. Its main circulation area is the Auckland ...
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CNBC
CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Daytime television in the United States, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) are filled by business-related Television documentary, documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was originally founded in April 1989 as the Consumer News and Business Channel, a joint venture between NBC ...
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Government Communications Security Bureau
The Government Communications Security Bureau (GCSB) () is the public service, public-service department of New Zealand charged with promoting New Zealand's national security by collecting and analysing information of an intelligence nature. The GCSB is considered to be New Zealand's most powerful intelligence agency, and has been alleged to have conducted more espionage and data collection than the country's primary intelligence agency, the less funded New Zealand Security Intelligence Service, NZSIS. This has at times proven controversial, although the GCSB does not have the baggage of criticism attached to it for a perceived failure to be effective like the NZSIS does. The GCSB is considered an equivalent of GCHQ in the United Kingdom or the National Security Agency, NSA in the United States. According to the Bureau's official website, it has a mission of contributing to the national security of New Zealand by providing information assurance and cybersecurity, foreign intelli ...
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Spark New Zealand
Spark New Zealand Limited is a New Zealand telecommunications and digital services company providing fixed-line telephone services, mobile phone services, broadband, and digital technology services (including cloud, security, digital transformation, and managed services). Its customers range from consumers to small - medium business, government agencies and large enterprise clients. It was formerly known as Telecom New Zealand until it was rebranded to Spark on 8 August 2014. It has operated as a publicly traded company since 1990. Spark's mobile network reaches 98% of New Zealand, with over 2.7 million mobile connections and 687,000 broadband connections Spark is one of the largest companies by value on the New Zealand Exchange (NZX). As of 2007, it was the 39th largest telecommunications company in the OECD. The company is part of New Zealand Telecommunications Forum. Telecom New Zealand was formed in 1987 from a division of the New Zealand Post Office, and privatised i ...
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Bitcoin
Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source software, open-source implementation. In 2021, Bitcoin in El Salvador, El Salvador adopted it as legal tender. It is mostly seen as an investment and has been described by some scholars as an economic bubble. As bitcoin is pseudonymous, Cryptocurrency and crime, its use by criminals has attracted the attention of regulators, leading to Legality of cryptocurrency by country or territory, its ban by several countries . Bitcoin works through the collaboration of computers, each of which acts as a Node (networking), node in the peer-to-peer bitcoin network. Each node maintains an independent copy of a public distributed ledger of ...
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Distributed Denial-of-service
In computing, a denial-of-service attack (DoS attack) is a cyberattack in which the perpetrator seeks to make a machine or network resource unavailable to its intended users by temporarily or indefinitely disrupting services of a host connected to a network. Denial of service is typically accomplished by flooding the targeted machine or resource with superfluous requests in an attempt to overload systems and prevent some or all legitimate requests from being fulfilled. The range of attacks varies widely, spanning from inundating a server with millions of requests to slow its performance, overwhelming a server with a substantial amount of invalid data, to submitting requests with an illegitimate IP address. In a distributed denial-of-service attack (DDoS attack), the incoming traffic flooding the victim originates from many different sources. More sophisticated strategies are required to mitigate this type of attack; simply attempting to block a single source is insufficient ...
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Edwardian Architecture
Edwardian architecture usually refers to a Baroque Revival architecture, Neo-Baroque architectural style that was popular for public buildings in the British Empire during the Edwardian era (1901–1910). Architecture up to 1914 is commonly included in this style. It can also be used to mean various styles in middle-class housing, including relaxed versions of Arts and Crafts architecture. Description Edwardian architecture is generally less ornate than high or late Victorian architecture, apart from a subset – used for major buildings – known as Edwardian Baroque architecture. The Victorian Society campaigns to preserve architecture built between 1837 and 1914, and so includes Edwardian as well as Victorian architecture within its remit. Characteristics The characteristic features of the Edwardian Baroque style were drawn from two main sources: the architecture of France during the 18th century and that of Sir Christopher Wren in England during the 17th—part of the E ...
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PlaceMakers
PlaceMakers is the trading name of Fletcher Distribution Limited, the retail trading arm of Fletcher Building in New Zealand. PlaceMakers also manufactures wall frames, roof trusses and structural components at various frame and truss operations. PlaceMakers origins began in August 1981 as part of Fletcher Timber Limited's retailing operations within the Manufacturing and Merchandising Sector of Fletcher Challenge Limited. The chain has 62 stores in 2019, up from 52 in the late 1990s and early 2000s. It has 11 stores in Auckland, with a head office in Panmure, Auckland. History 1910–1954 Fletcher Building started selling timber in Dunedin in 1910, and continued selling it through the following decades. 1954–1960 The beginnings of PlaceMakers start in 1954, when Fletcher Sales & Services Limited was established to sell builders supplies and timber produced by the rest of the Fletcher Holdings Group companies. First established in Penrose, it was intended that the comp ...
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