NZX Shareholder Metrics December 2019

NZX Limited - Monthly Shareholder Metrics
December 2019
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersDec 2019Change YoYCapital RaisingDec 2019YTDChange YoY
Total equity securities131-4.4%Total capital raisings $1,722 m$18,666 m95.7%
Total fund securities4521.6%
Total retail debt securities1384.5%New Capital Listed
Total wholesale debt securities5-Total capital listed by all issuers$180 m$7,158 m46.2%
Total other securities4-33.3%
Total listed securities3233.5%Equity listings-$630 m3072.8%
Fund listings-$39 m3549.9%
Retail debt listings$180 m$5,019 m2.9%
Total NZX Main Board equity issuers1297.5%Wholesale debt listings-$1,470 m-
Total NZX Main Board fund issuers4521.6%
Total NZX Debt Market retail debt issuers512.0%Secondary Capital Raisings
Total NZX Debt Market wholesale debt issuers2-Total capital raised by all issuers$1,542 m$11,508 m147.9%
Total other issuers3-40.0%
Total unique issuers2001.0%Total equity raised - NZ issuers$58 m$2,504 m65.9%
Total equity raised - dual or foreign issuer$1,131 m$5,399 m316.1%
Total funds raised - NZ issuers$112 m$746 m-10.0%
Market CapitalisationDec 2019Change YoY% of GDP
Total funds raised - dual or foreign issuer$70 m$520 m104.6%
Total market capitalisation$202,003 m23.2%67.1%Total debt raised$171 m$1,254 m-13.4%
Total wholesale debt raised-$1,085 m-
All equity$161,492 m24.7%53.7%
All funds$4,966 m32.2%1.6%
All other$5 m-9.3%0.0%Total number of secondary capital raising events2682,18466.8%
Total NZX Main Board$166,463 m24.9%55.3%Equity issuers - capital raised < $10m283788.3%
Equity issuers - capital raised ≥ $10m < $100m43663.6%
Retail debt$32,171 m6.7%10.7%Equity issuers - capital raised ≥ $100m214366.7%
Green bonds$900 m33.9%0.3%Fund issuers - capital raised2291,72690.9%
Wholesale debt$2,469 m-0.8%Debt issuers - capital raised527-12.9%
Total NZX Debt Market$35,540 m15.3%11.8%Wholesale debt issuers - capital raised
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3-
Cash MarketDec 2019Change YoYDerivativesDec 2019Change YoY
Total value traded$2,756 m9.4%Futures - total lots traded18,813-33.3%
Daily average value traded$138 m4.0%Options - total lots traded5,757135.0%
On-market value traded$1,695 m21.5%Total derivatives lots traded24,570-19.9%
% of value on-market61.5%11.0%Total derivatives lots traded - YTD358,9283.8%
Total trades462,63693.5%Open interest43,495-38.4%
Daily average trades23,13283.9%Notional value traded ($USD)$107 m5.5%
Options to futures ratio30.6%252.5%
Block trade %0.0%-100.0%
Total Equity Transactions
Total trades459,75494.4%
Derivatives Total Lots Traded 2017 / 2018 / 2019
Value traded$2,640 m8.6%
% of value on-market63.0%12.3%
Average on-market trade size$3,641-37.7%
Total Debt Transactions
Total trades2,88214.7%
Value traded $116 m33.0%
Cumulative Numbers - YTD
Number of trades4,863,77649.7%
Total value traded$37,846 m-1.0%
% of value on-market54.3%5.3%

NZX Indices PerformanceDec 2019Change YoYClearing House / Depository
Dec 2019Change YoY
S&P/NZX 50 Index (Gross)11,49230.4%Gross value of cleared trades over month$2,765 m8.7%
S&P/NZX 50 Index (Capital)4,92526.0%Collateral held at month end$45 m64.1%
S&P/NZX 50 Portfolio Index7,10829.3%Depository transactions5,534172.1%
S&P/NZX Primary Sector Index16,76610.4%Assets under custody in depository$3,473 m382.6%
S&P/NZX NZ Fixed Interest Composite Index1224.9%Value of stock lent over month$494 m41.3%
S&P/NZX A-Grade Bond Index5,6645.2%
Direct Data ProductsDec 2019Change YoYDairy Data SubscriptionsDec 2019Change YoY
Proprietary security subscription products*310-0.6%Dairy data subscriptions*504-8.5%
- products ≥ $3,000 p.a.*1091.9% - products ≥ $1,500 p.a. *117-12.7%
- products < $3,000 p.a.*201-2.0% - products < $1,500 p.a. *387-7.2%
* 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 DataDec 2019Change YoYEnergy ContractsDec 2019Change YoY
Terminal numbers - professional*5,990-1.3%Operating / Technology contracts176.3%
Terminal numbers - retail*1,45410.7%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4322.9%- contracts < $500k p.a.138.3%
Licences - value < $20k p.a.8014.3%
* 3 month average
Fund Management
Total external funds under management$3,969 m36.0%
SuperLifeDec 2019Change YoY
Funds under management - KiwiSaver$1,023 m29.2%
Funds under management - other$1,613 m24.6%
Total$2,636 m26.3%
SmartsharesDec 2019Change YoY
Funds under management - external$1,333 m60.1%
Funds under management - SuperLife funds$2,134 m28.5%
Total$3,467 m39.0%
Units on issue1,249 m22.8%
Wealth Technologies
Funds under administration$2,297 m15.6%
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