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What are the accepted price increments for placing orders on the New Zealand (NZX) and Australian (ASX) stock exchanges?

Last Updated: 30 Nov 2016

Exchange

Instrument

Price Range

Price Steps

NZX

Equities, Rights Issues

$0.01 - $0.199

$0.20 - $0.50

above 0.50c

0.001 cent

0.005 cent

0.01 cent

ASX

Equities, Rights Issues

up to 10c

10c up to $2.00

$2.00 and above 

0.001 cent

0.005 cent

0.01 cent

 

There are exceptions for some stocks on the NZX which can be found here.


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