Before you buy or sell shares, it's good to know the minimum holding requirements. This is the minimum amount of shares or units you must hold in a security after you complete a trade (unless you're selling your entire holding).
Minimum holdings requirements are determined by the New Zealand Stock exchange for equities traded across all NZX equity markets. Use the following table to understand the minimum holding required when trading in NZX equities.
|$0.251 - $0.50|
|$0.501 - $1.00|
|$1.001 - $2.00|
|$2.001 - $5.00|
|$5.001 - $10.00|
|APA, ASD, ASP, ASR, DIV, EMF, EUF, FNZ, GBF, MDZ, NPF,
NZB, NZC, OZY, TNZ, TWF, USG, USM, USS, USV
|ASF, MZY, USF|
There are no minimum holding requirements enforced by the Australian Exchange, however CommSec require a minimum investment amount of approximately AUD500.00.