NZX Shareholder Metrics November 2019

NZX Limited - Monthly Shareholder Metrics
November 2019
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersNov 2019Change YoYCapital RaisingNov 2019YTDChange YoY
Total equity securities131-4.4%Total capital raisings $3,199 m$16,944 m97.2%
Total fund securities4521.6%
Total retail debt securities1395.3%New Capital Listed
Total wholesale debt securities5-Total capital listed by all issuers$21 m$6,978 m61.4%
Total other securities40.0%
Total listed securities3244.5%Equity listings-$630 m3072.8%
Fund listings-$39 m3549.9%
Retail debt listings$21 m$4,839 m12.5%
Total NZX Main Board equity issuers1299.3%Wholesale debt listings-$1,470 m-100.0%
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$3,178 m$9,966 m133.4%
Total other issuers3-25.0%
Total unique issuers2011.5%Total equity raised - NZ issuers$306 m$2,446 m74.7%
Total equity raised - dual or foreign issuer$2,161 m$4,268 m347.9%
Total funds raised - NZ issuers$70 m$634 m-18.5%
Market CapitalisationNov 2019Change YoY% of GDP
Total funds raised - dual or foreign issuer$44 m$450 m86.7%
Total market capitalisation$198,256 m20.6%65.9%Total debt raised$182 m$1,083 m-13.4%
Total wholesale debt raised$415 m$1,085 m-
All equity$158,004 m21.3%52.5%
All funds$4,854 m30.1%1.6%
All other$5 m22.8%0.0%Total number of secondary capital raising events2491,91659.0%
Total NZX Main Board$162,863 m21.6%54.1%Equity issuers - capital raised < $10m333507.0%
Equity issuers - capital raised ≥ $10m < $100m33268.4%
Retail debt$32,023 m7.3%10.6%Equity issuers - capital raised ≥ $100m212300.0%
Green bonds$900 m33.9%0.3%Fund issuers - capital raised2051,49780.6%
Wholesale debt$2,470 m-0.8%Debt issuers - capital raised522-18.5%
Total NZX Debt Market$35,393 m16.0%11.8%Wholesale debt issuers - capital raised
1
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Cash MarketNov 2019Change YoYDerivativesNov 2019Change YoY
Total value traded$4,130 m30.5%Futures - total lots traded14,698-40.7%
Daily average value traded$197 m36.7%Options - total lots traded2,302-65.6%
On-market value traded$2,343 m45.5%Total derivatives lots traded17,000-46.0%
% of value on-market56.7%11.4%Total derivatives lots traded - YTD334,3586.2%
Total trades571,69694.4%Open interest40,558-35.4%
Daily average trades27,224103.6%Notional value traded ($USD)$90 m-15.8%
Options to futures ratio15.7%-42.0%
Block trade %0.0%-100.0%
Total Equity Transactions
Total trades568,82195.5%
Derivatives Total Lots Traded 2017 / 2018 / 2019
Value traded$4,036 m33.9%
% of value on-market57.3%11.3%
Average on-market trade size$4,096-24.3%
Total Debt Transactions
Total trades2,875-8.9%
Value traded $94 m-36.9%
Cumulative Numbers - YTD
Number of trades4,401,14046.2%
Total value traded$35,089 m-1.8%
% of value on-market53.7%4.7%

NZX Indices PerformanceNov 2019Change YoYClearing House / Depository
Nov 2019Change YoY
S&P/NZX 50 Index (Gross)11,31728.3%Gross value of cleared trades over month$4,144 m28.3%
S&P/NZX 50 Index (Capital)4,86023.9%Collateral held at month end$71 m105.3%
S&P/NZX 50 Portfolio Index6,94926.0%Depository transactions5,833169.2%
S&P/NZX Primary Sector Index16,7898.7%Assets under custody in depository$3,363 m376.4%
S&P/NZX NZ Fixed Interest Composite Index1247.1%Value of stock lent over month$537 m43.2%
S&P/NZX A-Grade Bond Index5,7006.8%
Direct Data ProductsNov 2019Change YoYDairy Data SubscriptionsNov 2019Change YoY
Proprietary security subscription products*308-2.2%Dairy data subscriptions*507-9.0%
- products ≥ $3,000 p.a.*1090.9% - products ≥ $1,500 p.a. *118-13.9%
- products < $3,000 p.a.*199-3.9% - products < $1,500 p.a. *389-7.4%
* 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 DataNov 2019Change YoYEnergy ContractsNov 2019Change YoY
Terminal numbers - professional*6,0070.2%Operating / Technology contracts176.3%
Terminal numbers - retail*1,45411.2%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4220.0%- contracts < $500k p.a.138.3%
Licences - value < $20k p.a.8014.3%
* 3 month average
Fund Management
Total external funds under management$3,895 m31.6%
SuperLifeNov 2019Change YoY
Funds under management - KiwiSaver$1,013 m25.0%
Funds under management - other$1,591 m20.1%
Total$2,604 m22.0%
SmartsharesNov 2019Change YoY
Funds under management - external$1,291 m56.7%
Funds under management - SuperLife funds$2,082 m24.4%
Total$3,373 m35.1%
Units on issue1,208 m20.8%
Wealth Technologies
Funds under administration$2,255 m12.1%
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