NZX Shareholder Metrics September 2019

NZX Limited - Monthly Shareholder Metrics
September 2019
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersSep 2019Change YoYCapital RaisingSep 2019YTDChange YoY
Total equity securities133-5.0%Total capital raisings $1,516 m$12,847 m96.9%
Total fund securities4627.8%
Total retail debt securities13810.4%New Capital Listed
Total wholesale debt securities5-Total capital listed by all issuers$450 m$6,757 m133.0%
Total other securities433.3%
Total listed securities3267.2%Equity listings-$630 m3072.8%
Fund listings$32 m$39 m-
Retail debt listings$418 m$4,618 m60.3%
Total NZX Main Board equity issuers13110.1%Wholesale debt listings-$1,470 m-
Total NZX Main Board fund issuers4627.8%
Total NZX Debt Market retail debt issuers502.0%Secondary Capital Raisings
Total NZX Debt Market wholesale debt issuers2-Total capital raised by all issuers$1,066 m$6,090 m68.0%
Total other issuers30.0%
Total unique issuers2042.5%Total equity raised - NZ issuers$182 m$1,741 m37.9%
Total equity raised - dual or foreign issuer$144 m$2,107 m121.1%
Total funds raised - NZ issuers$45 m$504 m-30.2%
Market CapitalisationSep 2019Change YoY% of GDP
Total funds raised - dual or foreign issuer$25 m$343 m69.8%
Total market capitalisation$194,089 m13.7%64.5%Total debt raised-$725 m-13.4%
Total wholesale debt raised$670 m$670 m-
All equity$154,835 m12.2%51.4%
All funds$4,602 m16.0%1.5%Total number of secondary capital raising events2001,42644.3%
All other$3 m-47.7%0.0%Equity issuers - capital raised < $10m48262-3.0%
Total NZX Main Board$159,440 m12.3%53.0%Equity issuers - capital raised ≥ $10m < $100m12033.3%
Equity issuers - capital raised ≥ $100m29200.0%
Retail debt$31,774 m12.9%10.6%Fund issuers - capital raised1471,11964.3%
Green bonds$800 m19.0%0.3%Debt issuers - capital raised-14-26.3%
Wholesale debt$2,075 m-0.7%Wholesale debt issuers - capital raised22-
Total NZX Debt Market$34,649 m20.3%11.5%
Cash MarketSep 2019Change YoYDerivativesSep 2019Change YoY
Total value traded$3,149 m-11.1%Futures - total lots traded26,57110.2%
Daily average value traded$150 m-15.4%Options - total lots traded4,080-57.1%
On-market value traded$1,813 m-2.5%Total derivatives lots traded30,651-8.8%
% of value on-market57.6%9.7%Total derivatives lots traded - YTD299,61118.2%
Total trades511,73782.9%Open interest58,493-9.3%
Daily average trades24,36874.2%Notional value traded ($USD)$157 m52.4%
Options to futures ratio15.4%-61.1%
Block trade %2.0%123.1%
Total Equity Transactions
Total trades509,33883.7%
Derivatives Total Lots Traded 2017 / 2018 / 2019
Value traded$3,046 m-11.0%
% of value on-market58.8%10.4%
Average on-market trade size$3,539-47.4%
Total Debt Transactions
Total trades2,399-3.8%
Value traded $103 m-15.9%
Cumulative Numbers - YTD
Number of trades3,264,73433.4%
Total value traded$27,784 m-5.7%
% of value on-market52.5%1.8%

NZX Indices PerformanceSep 2019Change YoYClearing House / DepositorySep 2019Change YoY
S&P/NZX 50 Index (Gross)10,92616.8%Gross value of cleared trades over month$3,157 m-11.1%
S&P/NZX 50 Index (Capital)4,70912.8%Collateral held at month end$50 m-8.0%
S&P/NZX 50 Portfolio Index6,82017.2%Depository transactions5,513143.7%
S&P/NZX Primary Sector Index15,847-6.7%Assets under custody in depository$1,073 m48.9%
S&P/NZX NZ Fixed Interest Composite Index1248.4%Value of stock lent over month$375 m27.6%
S&P/NZX A-Grade Bond Index5,7337.8%
Direct Data ProductsSep 2019Change YoYDairy Data SubscriptionsSep 2019Change YoY
Proprietary security subscription products*311-0.3%Dairy data subscriptions*515-8.8%
- products ≥ $3,000 p.a.*1113.7% - products ≥ $1,500 p.a. *123-12.1%
- products < $3,000 p.a.*200-2.4% - products < $1,500 p.a. *392-7.8%
* Proprietary security subscription products have been restated (including comparatives) to
exclude subscriptions relating to the FundSource business which was sold during June 2019
and to consolidate multi-user licences to reflect the parent subscription only.
* Dairy Data Subscriptions have been restated (including comparatives) to consolidate multi-
user licences to reflect the parent subscription only.
Wholesale DataSep 2019Change YoYEnergy ContractsSep 2019Change YoY
Terminal numbers - professional*5,954-0.7%Operating / Technology contracts176.3%
Terminal numbers - retail*1,51414.6%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.3911.4%- contracts < $500k p.a.138.3%
Licences - value < $20k p.a.8224.2%
* 3 month average
Fund Management
Total external funds under management$3,690 m20.7%
SuperLifeSep 2019Change YoY
Funds under management - KiwiSaver$982 m17.8%
Funds under management - other$1,493 m10.1%
Total$2,475 m13.0%
SmartsharesSep 2019Change YoY
Funds under management - external$1,215 m40.0%
Funds under management - SuperLife funds$2,030 m12.7%
Total$3,245 m21.6%
Units on issue1,167 m18.3%
Wealth Technologies
Funds under administration *$2,207 m95.5%
* 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).
With 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).

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 and classification restatements.

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