Participant Rules

This page includes links to the rules that apply to Market Participants operating on NZX's securities market.

Current Rules

• NZX Participant Rules (19 February 2026) PDF951.53 KB
• NZX Participant Rule Procedures (17 November 2025) PDF405.91 KB

Appendices

• Appendix 1 - Market Participant Application DOCX127.01 KB
• Appendix 2 - Managing Principal Undertaking DOCX75.07 KB
• Appendix 3 - Responsible Executive Application DOCX88.90 KB
• Appendix 4 - Director or Partner Undertaking DOCX78.26 KB
• Appendix 5 - Compliance Manager Undertaking DOCX74.17 KB
• Appendix 6 - Surveillance Officer Undertaking DOCX74.69 KB
• Appendix 7 - Dealer Application DOCX88.16 KB
• Appendix 8 - Dealer Resignation DOCX83.05 KB
• Appendix 9 - NZX Adviser Application DOCX87.18 KB
• Appendix 10 - NZDX Adviser Application DOCX89.06 KB
• Appendix 11 - NXT Advisor Declaration (archived on 1 July 2019)
• Appendix 12 - DMA Application DOCX88.83 KB
• Appendix 13 - Market Maker Application  DOCX87.48 KB
• Appendix 14 - NZX Trainer Application DOCX89.60 KB
• Appendix 15 - NZX Trainer Resignation DOCX79.93 KB
• Appendix 16 - FSM Participant or RMA Provider Application (archived on 11 September 2025)
• Appendix 17 - FSM Dealer Application (archived on 11 September 2025)
• Appendix A - Monthly Internal Control Checklist DOCX962.89 KB
• Appendix B - Quarterly Internal Control Checklist DOCX969.18 KB

Application Checklists

• Advising Participant Accreditation Application Information DOCX83.61 KB
• Trading and Advising Participant Accreditation Application Information DOCX72.92 KB
• NZX Sponsor / Distribution and Underwriting Sponsor Accreditation Application Information Unknown111.00 KB
• DMA Participant & System Application Information Unknown118.00 KB
• Designated Market Maker - Accreditation Application Information  UnknownN/A