NZX Shareholder Metrics October 2019

NZX Limited - Monthly Shareholder Metrics
October 2019
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersOct 2019Change YoYCapital RaisingOct 2019YTDChange YoY
Total equity securities133-4.3%Total capital raisings $898 m$13,745 m86.5%
Total fund securities4525.0%
Total retail debt securities1408.5%New Capital Listed
Total wholesale debt securities5-Total capital listed by all issuers$200 m$6,957 m106.5%
Total other securities30.0%
Total listed securities3266.2%Equity listings-$630 m3072.8%
Fund listings-$39 m-
Retail debt listings$200 m$4,818 m43.8%
Total NZX Main Board equity issuers13111.0%Wholesale debt listings-$1,470 m-
Total NZX Main Board fund issuers4521.6%
Total NZX Debt Market retail debt issuers514.1%Secondary Capital Raisings
Total NZX Debt Market wholesale debt issuers2-Total capital raised by all issuers$698 m$6,788 m69.8%
Total other issuers2-33.3%
Total unique issuers2032.5%Total equity raised - NZ issuers$399 m$2,140 m55.1%
Total equity raised - dual or foreign issuer-$2,107 m121.1%
Total funds raised - NZ issuers$60 m$564 m-24.4%
Market CapitalisationOct 2019Change YoY% of GDP
Total funds raised - dual or foreign issuer$63 m$406 m82.7%
Total market capitalisation$192,799 m19.1%64.1%Total debt raised$176 m$901 m-14.2%
Total wholesale debt raised-$670 m-
All equity$153,080 m19.1%50.9%
All funds$4,712 m24.9%1.6%
All other$2 m-57.2%0.0%Total number of secondary capital raising events2411,66750.5%
Total NZX Main Board$157,794 m19.2%52.4%Equity issuers - capital raised < $10m553172.9%
Equity issuers - capital raised ≥ $10m < $100m92952.6%
Retail debt$32,034 m11.3%10.6%Equity issuers - capital raised ≥ $100m110233.3%
Green bonds$900 m33.9%0.3%Fund issuers - capital raised1731,29271.1%
Wholesale debt$2,071 m-0.7%Debt issuers - capital raised317-26.1%
Total NZX Debt Market$35,005 m18.8%11.6%Wholesale debt issuers - capital raised02-
Cash MarketOct 2019Change YoYDerivativesOct 2019Change YoY
Total value traded$3,175 m2.3%Futures - total lots traded13,897-39.9%
Daily average value traded$144 m2.3%Options - total lots traded3,850-44.8%
On-market value traded$1,902 m25.8%Total derivatives lots traded17,747-41.0%
% of value on-market59.9%22.9%Total derivatives lots traded - YTD317,35811.9%
Total trades564,710109.3%Open interest45,529-20.7%
Daily average trades25,669109.3%Notional value traded ($USD)$109 m3.7%
Options to futures ratio27.7%-8.0%
Block trade %0.0%-100.0%
Total Equity Transactions
Total trades561,997110.2%
Derivatives Total Lots Traded 2017 / 2018 / 2019
Value traded$3,065 m2.1%
% of value on-market61.1%24.5%
Average on-market trade size$3,350-40.1%
Total Debt Transactions
Total trades2,7137.0%
Value traded $110 m9.4%
Cumulative Numbers - YTD
Number of trades3,829,44441.0%
Total value traded$30,959 m-4.9%
% of value on-market53.3%3.9%

NZX Indices PerformanceOct 2019Change YoYClearing House / DepositoryOct 2019Change YoY
S&P/NZX 50 Index (Gross)10,78823.3%Gross value of cleared trades over month$3,196 m2.0%
S&P/NZX 50 Index (Capital)4,64219.0%Collateral held at month end$51 m5.0%
S&P/NZX 50 Portfolio Index6,69822.9%Depository transactions5,641112.7%
S&P/NZX Primary Sector Index16,3384.1%Assets under custody in depository$1,079 m58.7%
S&P/NZX NZ Fixed Interest Composite Index1247.1%Value of stock lent over month$442 m12.8%
S&P/NZX A-Grade Bond Index5,7096.9%
Direct Data ProductsOct 2019Change YoYDairy Data SubscriptionsOct 2019Change YoY
Proprietary security subscription products*3100.0%Dairy data subscriptions*513-8.9%
- products ≥ $3,000 p.a.*1101.9% - products ≥ $1,500 p.a. *121-12.9%
- products < $3,000 p.a.*200-1.0% - products < $1,500 p.a. *392-7.5%
* 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 DataOct 2019Change YoYEnergy ContractsOct 2019Change YoY
Terminal numbers - professional*6,0691.7%Operating / Technology contracts176.3%
Terminal numbers - retail*1,54922.4%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4014.3%- contracts < $500k p.a.138.3%
Licences - value < $20k p.a.8226.2%
* 3 month average
Fund Management
Total external funds under management$3,784 m29.5%
SuperLifeOct 2019Change YoY
Funds under management - KiwiSaver$993 m25.0%
Funds under management - other$1,545 m18.9%
Total$2,538 m21.2%
SmartsharesOct 2019Change YoY
Funds under management - external$1,246 m50.5%
Funds under management - SuperLife funds$2,039 m20.9%
Total$3,285 m30.7%
Units on issue1,184 m19.9%
Wealth Technologies
Funds under administration *$2,247 m105.1%
* 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