If you would like to see our NSX research, please sign up for a brokerage account here, after which you can request access to our bespoke research portal.
In order to buy or sell shares on the NSX, you will need a stockbroker, such as Cirrus Securities. The stockbroker can see if there are any buyers or sellers in the market and will match sellers and buyers where possible to ensure that a transaction takes place. Note that there are not always buyers and sellers for all NSX shares.
The market price reported is the last price at which a trade took place. If there are still buyers at this level, sellers will be able to sell for this price. If there are not buyers at that level, sellers will have to either wait, or sell their shares at a lower price, where there are buyers. Give us a call to find out where the buyers and sellers are at any point in time at 061-256-666.
In order to trade your shares, you will need to open a brokerage account. The documents we require from you to do this are:
All documents must not be older than three months and must be originals or certified copies delivered or couriered to our offices.
The brokerage fees on the NSX are regulated, and do not vary across brokers.
Trading fees on the NSX: Sliding Scale Brokerage fee:
Because there are not always buyers or sellers of shares in the market, finding the counterparty (a seller if you are a buyer, or a buyer if you are a seller) can take time. However, as mentioned previously, if you are happy to take a lower price, you can sometime speed up the transaction time buy finding a counterparty more quickly.
Once a transaction is made in the market, it takes five days for funds to flow and the transaction to complete. This means that if we trade today, you will have money in your account five working days from now.
Please do not hesitate to contact us should you require any additional information. To speak to our traders, please call 061-256-666.
Once you have an active account with Cirrus Securities, we will subscribe you to our research portal with tens of thousands of Namibian indicators, covering an enormous spectrum of Namibian data and research reports published frequently by our strong team of financial analysts and economists.
Watch a brief tour of our research portal below: