Story: Stock market

The Stockmaster

The Stockmaster

This telex machine, introduced in 1970, allowed instant communication of the prices, and the number of buyers and sellers, for any share on the Australian stock exchange. It had a direct link to a Sydney computer. Such technology helped to create a realistic national and international market in shares, and encouraged the move to one national exchange.

Using this item

Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Reference: EP/1970/4278/20

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

All images & media in this story

How to cite this page:

David Grant, 'Stock market - Towards a national exchange, 1950–1984', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/23685/the-stockmaster (accessed 15 November 2019)

Story by David Grant, published 11 Mar 2010