Go deep with NZX market depth
At Sharesies, we’re all about empowering you to invest with confidence in whatever way works for you. We heard feedback that having access to more share price info about companies and funds listed on the New Zealand Stock Exchange (NZX) would help you do just that—so we now offer NZX market depth!

Introducing NZX market depth
Add NZX market depth to your Sharesies account for $10 per month (you get your first month free!) and get heaps more up-to-date info when you buy or sell shares. With NZX market depth, you can:
quickly see if there are shares available at the price you want to buy at, or if there are buyers waiting at the price you want to sell at
check details of the price per share, number of shares, and number of buy or sell orders at each price
get an idea of where your order might go in the queue.
Why should I use NZX market depth?
If you’ve ever wondered how the price of a share is decided, NZX market depth has your answer. On an exchange (like the New Zealand Stock Exchange), there are investors lined up wanting to buy and sell shares. This line-up is called the ‘market depth’!
On one side of the depth are buyers, starting with the buyer who’s willing to pay the most per share (the bid). On the other side are the sellers, starting with the seller who’s willing to accept the lowest per share (the offer). A trade happens when a buyer and seller agree on a price.
In Sharesies, NZX market depth looks like this:

Being able to see how many buyers and sellers there are at a particular price helps give an indication of:
how liquid a share is at any point in time (‘liquid’ shares are traded regularly and can be easier to sell. ‘Illiquid’ shares trade hands less frequently and can take longer to sell.)
the likelihood of your buy or sell order going through at a particular price.
Sometimes, individual market and limit orders placed for NZX shares are sent to market with similar orders placed by other investors—this is called ‘aggregation’. If your order is aggregated, it may not be possible to see your individual order in the NZX market depth queue.
How do I add NZX market depth to Sharesies?
You can get unlimited access to NZX market depth for $10 per month—and you get your first month free! This is charged to your Sharesies Wallet one month after the day you add NZX market depth to your Sharesies account. If you’ve got auto-renew turned on, you’ll be charged each month.
To subscribe to NZX market depth, go to Account > Add on NZ market depth.
If you have any questions or feedback about NZX market depth, head to our help centre or email us at help@sharesies.co.nz Happy investing! 💖
Ok, now for the legal bit
Investing involves risk. You aren’t guaranteed to make money, and you might lose the money you start with. We don’t provide personalised advice or recommendations. Any information we provide is general only and current at the time written. You should consider seeking independent legal, financial, taxation or other advice when considering whether an investment is appropriate for your objectives, financial situation or needs.
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