NZX Shareholder Metrics June 2019

NZX Limited - Monthly Shareholder Metrics
June 2019
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersJun 2019Change YoYCapital RaisingJun 2019YTDChange YoY
Total equity securities132-7.0%Total capital raisings $1,859 m$7,697 m141.2%
Total fund securities4525.0%
Total retail debt securities13410.7%New Capital Listed
Total wholesale debt securities5-Total capital listed by all issuers$48 m$4,049 m140.3%
Total other securities5150.0%
Total listed securities3216.6%Equity listings$41 m$41 m105.3%
Fund listings$7 m$7 m-
Total NZX Main Board equity issuers1255.0%Retail debt listings-$2,531 m52.0%
Total NZAX equity issuers4-75.0%Wholesale debt listings-$1,470 m-
Total NXT equity issuers1-75.0%
Total NZSX fund issuers4525.0%Secondary Capital Raisings
Total NZDX retail debt issuers504.2%Total capital raised by all issuers$1,811 m$3,648 m32.6%
Total NZDX wholesale debt issuers2-
Total other issuers4100.0%Total equity raised - NZ issuers$329 m$1,345 m38.7%
Total unique issuers2021.0%Total equity raised - dual or foreign issuer$1,219 m$1,241 m106.3%
Total funds raised - NZ issuers *$56 m$271 m-53.5%
Market CapitalisationJun 2019Change YoY% of GDP
Total funds raised - dual or foreign issuer *$25 m$245 m72.1%
Total market capitalisation$185,955 m13.1%62.8%Total debt raised$182 m$546 m20.4%
All equity$149,176 m12.1%50.3%
Total number of secondary capital raising events17275715.4%
All funds$4,270 m8.2%1.4%Equity issuers - capital raised < $10m11147-2.0%
All other$9 m369.1%0.0%Equity issuers - capital raised ≥ $10m < $100m51362.5%
Total NZSX/NZAX/NXT$153,455 m12.0%51.8%Equity issuers - capital raised ≥ $100m26100.0%
Fund issuers - capital raised *15058019.8%
Retail debt$30,375 m10.2%10.3%Debt issuers - capital raised4110.0%
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$32,500 m17.9%11.0%
Cash MarketJun 2019Change YoYDerivativesJun 2019Change YoY
Total value traded$2,743 m-18.4%Futures - total lots traded29,24110.7%
Daily average value traded$144 m-14.1%Options - total lots traded10,46042.7%
On-market value traded$1,674 m-6.4%Total derivatives lots traded39,70117.6%
% of value on-market61.0%14.7%Total derivatives lots traded - YTD187,61027.5%
Total trades396,62632.6%Open interest66,6109.6%
Daily average trades20,87539.6%Notional value traded ($USD)$143 m7.8%
Options to futures ratio35.8%28.9%
Block trade %1.3%-68.5%
Total Equity Transactions
Total trades394,23232.9%
Derivatives Total Lots Traded 2017 / 2018 / 2019
Value traded$2,626 m-19.0%
% of value on-market62.9%16.5%
Average on-market trade size$4,216-29.9%
Total Debt Transactions
Total trades2,394-6.2%
Value traded $117 m-2.2%
Cumulative Numbers - YTD
Number of trades1,866,27115.1%
Total value traded$18,350 m-9.7%
% of value on-market51.5%-1.3%

NZX Indices PerformanceJun 2019Change YoYClearing House / DepositoryJun 2019Change YoY
S&P/NZX 50 Index (Gross)10,50117.4%Gross value of cleared trades over month$2,762 m-19.4%
S&P/NZX 50 Index (Capital)4,57913.4%Collateral held at month end$36 m-14.2%
S&P/NZX 50 Portfolio Index6,52117.5%Depository transactions1,948-22.5%
S&P/NZX Primary Sector Index15,970-5.4%Assets under custody in depository$892 m32.5%
S&P/NZX NZ Fixed Interest Composite Index1217.2%Value of stock lent over month$285 m-25.0%
S&P/NZX A-Grade Bond Index5,6086.8%
Wholesale DataJun 2019Change YoYDirect Data ProductsJun 2019Change YoY
Terminal numbers - professional*6,2374.4%Dairy data subscriptions946-8.2%
Terminal numbers - retail*1,39213.5%
Licences - value ≥ $20k pa3914.7%Proprietary security subscription products*314-12.5%
Licences - value < $20k pa7724.2%- products ≥ $3,000 p.a*110-23.1%
* 3 month average
- products < $3,000 p.a.*204-5.6%
* Drop in proprietary security subscription products is due to the sale of the FundSource
business during June 2019 (38 products >$3,000 p.a, 12 products <$3,000 p.a) and the
consolidation of multi-user licences to reflect the parent subscription only (less 40 products
<$3,000; comparatives have been restated).
Energy ContractsJun 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$3,455 m19.4%
SuperLifeJun 2019Change YoY
Funds under management - KiwiSaver$921 m17.4%
Funds under management - other$1,458 m11.2%
Total$2,379 m13.5%
SmartsharesJun 2019Change YoY
Funds under management - external$1,076 m34.6%
Funds under management - SuperLife funds$1,911 m11.7%
Total$2,987 m19.0%
Units on issue1,099 m15.4%
Wealth Technologies
Funds under administration *$2,109 m86.4%
* 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