NZX Shareholder Metrics May 2019

NZX Limited - Monthly Shareholder Metrics
May 2019
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersMay 2019Change YoYCapital RaisingMay 2019YTDChange YoY
Total equity securities131-7.7%Total capital raisings $914 m$5,838 m90.8%
Total fund securities372.8%
Total retail debt securities13615.3%New Capital Listed
Total wholesale debt securities5-Total capital listed by all issuers$250 m$4,001 m221.4%
Total other securities5150.0%
Total listed securities3093.7%Equity listings---100.0%
Fund listings---
Total NZSX equity issuers1211.7%Retail debt listings$250 m$2,531 m106.6%
Total NZAX equity issuers7-56.3%Wholesale debt listings-$1,470 m-
Total NXT equity issuers1-75.0%
Total NZSX fund issuers372.8%Secondary Capital Raisings
Total NZDX retail debt issuers518.5%Total capital raised by all issuers$664 m$1,837 m-25.3%
Total NZDX wholesale debt issuers2-
Total other issuers4100.0%Total equity raised - NZ issuers$430 m$1,016 m9.0%
Total unique issuers194-3.0%Total equity raised - dual or foreign issuer-$22 m-96.3%
Total funds raised - NZ issuers *$45 m$215 m-56.2%
Market CapitalisationMay 2019Change YoY% of GDP
Total funds raised - dual or foreign issuer *$24 m$220 m67.5%
Total market capitalisation$180,179 m12.7%61.4%Total debt raised$165 m$364 m19.5%
All equity$142,950 m10.6%48.7%
Total number of secondary capital raising events1645859.3%
All funds$4,162 m9.6%1.4%Equity issuers - capital raised < $10m3313619.3%
All other$9 m480.8%0.0%Equity issuers - capital raised ≥ $10m < $100m1814.3%
Total NZSX/NZAX/NXT$147,121 m10.5%50.2%Equity issuers - capital raised ≥ $100m2433.3%
Fund issuers - capital raised *1254306.4%
Retail debt$30,934 m14.7%10.5%Debt issuers - capital raised37-
Green bonds$650 m-0.2%
* Funds include Smartshares ETFs. These figures include
fund raising events that were not previously reported.
Wholesale debt$1,475 m-0.5%
Total NZDX$33,059 m22.6%11.3%
Cash MarketMay 2019Change YoYDerivativesMay 2019Change YoY
Total value traded$3,577 m-28.8%Futures - total lots traded24,72322.2%
Daily average value traded$156 m-28.8%Options - total lots traded5,441-8.5%
On-market value traded$1,874 m-32.8%Total derivatives lots traded30,16415.2%
% of value on-market52.4%-5.6%Open interest61,68732.6%
Total trades428,98726.1%Notional value traded ($USD)$145 m21.2%
Daily average trades18,65226.1%Options to futures ratio22.0%-25.1%
Block trade %0.0%-100.0%
Total Equity Transactions
Derivatives Total Lots Traded 2017 / 2018 / 2019
Total trades426,31426.5%
Value traded$3,435 m-29.7%
% of value on-market53.7%-3.7%
Average on-market trade size$4,371-47.3%
Total Debt Transactions
Total trades2,673-18.4%
Value traded $142 m1.7%
Cumulative Numbers - YTD
Number of trades1,469,64511.1%
Total value traded$15,607 m-8.0%
% of value on-market49.8%-3.8%

NZX Indices PerformanceMay 2019Change YoYClearing House / Depository
May 2019Change YoY
S&P/NZX 50 Index (Gross)10,11816.9%Gross value of cleared trades over month$3,589 m-29.2%
S&P/NZX 50 Index (Capital)4,42712.9%Collateral held at month end$21 m-46.7%
S&P/NZX 50 Portfolio Index6,24915.5%Depository transactions2,7388.6%
S&P/NZX Primary Sector Index16,012-3.7%Assets under custody in depository$836 m29.8%
S&P/NZX NZ Fixed Interest Composite Index1217.0%Value of stock lent over month$361 m-11.8%
S&P/NZX A-Grade Bond Index5,5726.6%
Wholesale DataMay 2019Change YoYDirect Data ProductsMay 2019Change YoY
Terminal numbers - professional*6,2303.9%Dairy data subscriptions946-9.9%
Terminal numbers - retail*1,29610.9%
Licences - value ≥ $20k pa3914.7%Proprietary security subscription products4052.8%
Licences - value < $20k pa7314.1%- products ≥ $3,000 p.a1482.8%
* 3 month average
- products < $3,000 p.a.2572.8%
Energy ContractsMay 2019Change YoY
Operating / Technology contracts160.0%
- contracts ≥ $500k p.a.40.0%
- contracts < $500k p.a.120.0%
Fund Management
Total external funds under management$3,323 m17.0%
SuperLifeMay 2019Change YoY
Funds under management - KiwiSaver$894 m15.8%
Funds under management - other$1,420 m8.3%
Total$2,314 m11.1%
SmartsharesMay 2019Change YoY
Funds under management - external$1,009 m33.1%
Funds under management - SuperLife funds$1,850 m13.7%
Total$2,859 m19.9%
Units on issue1,072 m16.0%
Wealth Technologies
Funds under administration *$2,082 m84.9%
* Increase in funds under administration due to the on-boarding of NZX Wealth Technologies foundation client in November 2018
Notes
1. All figures are measured at the end of the last trading day of each month unless otherwise stated.
Change refers to the change since the same period last year unless otherwise stated.

2. Equity market capitalisation includes all securities quoted on the NZX Main Board (NZSX), NZX Alternative Market (NZAX) and NXT Market (NXT);
with a dual-listed or an overseas domiciled Issuer, the market capitalisation represents the amount that is held in New Zealand.

3. Market capitalisation for the NZX Debt Market is the total nominal (face) value of all listed securities, excluding New Zealand Government stock.

4. Funds include exchange traded funds, managed funds, listed investment companies and trusts.

5. "Other" securities include options, warrants and options quoted on the NZX Main Board (NZSX) and NZX Alternative Market (NZAX).

6. Please note these operational statistics are based on NZX’s internal records, which are unaudited.
Differences may arise between this data and that disclosed in subsequent audited financial statements.
Differences may also arise between this data and the previously reported data due to rounding.

To enquire about information listed on this sheet, or to find out more about NZX products or services, please email: data@nzx.com