Definitions for "Unlisted Securities"
Keywords:  nzx, asx, exchange, stock, list
Securities/shares not listed on an official stock exchange list.
Refers to securities which are not listed on the ASX or any other organised stock exchange.
Holdings in companies which do not form part of the main stock market. They may be developing companies or smaller companies whose shares are not frequently traded. Unlisted securities are usually less liquid than those traded in the main markets.