Bendigo Stock Exchange (BSX) was appointed in 2006 by the Victorian State Government to provide a centralised, orderly and transparent trading system for the sale and lease of Victorian Taxi Licences. Accredited BSX Taxi Brokers operate to a set of rules and standards which are based on orderly and transparent trading. The concept of this system has now been transposed to a national trading platform, the National Licence Exchange (NLX).
NLX provides a faciility for Taxi Brokers across Australia to operate to the same ethical standards.
NLX provides a facility for clients to securely source licences and leases from reputable Brokers Australia wide.
Key features of NLX:
- A live Internet based bid / offer market for licence transfers and assignments, similar in nature to existing equity markets
- A market for licence sales and leases with conditions for example, licences with vehicles
- Provision of market research / data including historical information on licence sale and leasing prices
- Licence trading is conducted by qualified BSX Accredited Taxi Brokers working with industry knowledge to current standards and practices
- Contractual documents which have been proven and provide protection for all parties in the transaction together with cost savings.
