You are here: News\Exchange News
News
 

NSX: New Taxi Licence Market

28/03/06

NSX Limited (ASX: NSX) announces that BSX Services Pty Limited, a member of the NSX Group (incorporating the Stock Exchange of Newcastle and the Bendigo Stock Exchange) is providing the world’s first market for Taxi Licence trading.

The trading platform goes live from today.

“BSX has been working with the Victorian Government to develop the taxi market and the governing rules.” Mr. Mansbridge, Chairman of NSX Group said

“The training provided to the taxi brokers in the new rules should ensure a smooth transition to the new market.”

Mr. Mansbridge said “the provision of an open and transparent market would benefit all participants”.

"This is the second recent major initiative of the NSX Group which demonstrates the need for an additional stock exchange.” Mr. Mansbridge stated.