Markets
Trading
Membership
Stocks
MERJ operates markets for the listing and trading of shares of global companies.
International Order Book (IOB)
Major international stocks and ETFs with primary listings on international exchanges such as the NASDAQ and NYSE in the USA. Accessible by all MERJ participants from the same platform as other instruments traded on MERJ.
Key Highlights
- • Liquid, quote driven market with constant, 2-way pricing
- • Listed Depository Interests (not OTC bilateral derivatives)
- • Rights to dividends, interest and other distributions
- • Clearing and guaranteed settlement via MERJ CLEAR
Trading Features
- • International Order Book operates during primary exchange hours
- • Direct access via MERJ Depository Interests
- • Integrated with MERJ's end-to-end infrastructure
- • Same platform access as all MERJ instruments
Main Board
MERJ Exchange's Main Board is the main listing market for equities with international listing standards on initial and ongoing disclosure requirements.
Key Features
- • Primary listings and secondary listings from global issuers
- • IPOs and secondary offerings supported
- • Central Limit Order Book (CLOB) driven market
- • Open 20 hours | Monday - Friday | 10AM - 6AM (UCT +4)
Settlement & Clearing
- • DvP Real Time Gross Settlement
- • Regulated clearing and settlement system
- • International listing standards
- • Comprehensive regulatory oversight
VCAP & SME Boards
The Venture Capital and SME Boards are MERJ Exchange's junior markets for young, fast-growing businesses.
VCAP Board
- • Market for mining companies and early-stage companies
- • Companies with little or no operating history
- • High growth potential businesses
- • Participate in early-stage opportunities
SME Board
- • Small and medium-sized companies
- • More closely held businesses (e.g. family-owned)
- • Early-stage growth companies
- • International listing standards applied
Common Features
- • Central Limit Order Book (CLOB) driven market
- • DvP Real Time Gross Settlement via regulated system
- • Open 20 hours | Monday - Friday | 10AM - 6AM (UCT +4)
- • International disclosure and governance standards
Global Market Access
MERJ provides comprehensive access to global equity markets through our innovative platform and partnerships.
Global Reach
Access to international markets and global investor base
Real-Time Trading
Immediate execution and settlement of trades
Regulated Environment
Full regulatory compliance and investor protection