NZX Shareholder Metrics February 2020

NZX Limited - Monthly Shareholder Metrics
February 2020
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersFeb 2020Change YoYCapital RaisingFeb 2020YTDChange YoY
Total equity securities131-3.7%Total capital raisings $430 m$1,153 m32.6%
Total fund securities4521.6%
Total retail debt securities1383.8%New Capital Listed
Total wholesale debt securities5-Total capital listed by all issuers-$500 m400.0%
Total other securities4-33.3%
Total listed securities3233.5%Equity listings---
Fund listings---
Retail debt listings-$500 m400.0%
Total NZX Main Board equity issuers1297.5%Wholesale debt listings---
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$430 m$653 m-15.1%
Total other issuers3-40.0%
Total unique issuers2001.5%Total equity raised - NZ issuers$25 m$36 m-90.8%
Total equity raised - dual or foreign issuer---
Total funds raised - NZ issuers$91 m$189 m210.8%
Market CapitalisationFeb 2020Change YoY% of GDP
Total funds raised - dual or foreign issuer$100 m$213 m72.3%
Total market capitalisation$195,669 m14.4%65.0%Total retail debt raised$214 m$215 m8.1%
Total wholesale debt raised---
All equity$154,489 m13.4%51.3%
All funds$5,002 m26.2%1.7%
All other$6 m-5.1%0.0%Total number of secondary capital raising events223477194.4%
Total NZX Main Board$159,497 m13.8%53.0%Equity issuers - capital raised < $10m213516.7%
Equity issuers - capital raised ≥ $10m < $100m11-
Retail debt$32,803 m8.5%10.9%Equity issuers - capital raised ≥ $100m---100.0%
Green bonds$900 m33.9%0.3%Fund issuers - capital raised197436246.0%
Wholesale debt$2,469 m-0.8%Retail debt issuers - capital raised4525.0%
Total NZX Debt Market$36,172 m17.0%12.0%Wholesale debt issuers - capital raised---
Cash MarketFeb 2020Change YoYDerivativesFeb 2020Change YoY
Total value traded$3,605 m19.9%Futures - total lots traded25,98322.2%
Daily average value traded$190 m19.9%Options - total lots traded10,575428.8%
On-market value traded$2,065 m44.1%Total derivatives lots traded36,55857.2%
% of value on-market57.3%20.2%Total derivatives lots traded - YTD64,77730.7%
Total trades570,810127.2%Open interest59,45512.3%
Daily average trades30,043127.2%Notional value traded ($USD)$127 m37.7%
Options to futures ratio40.7%332.7%
Block trade %0.0%-100.0%
Total Equity Transactions
Total trades567,704128.1%
Derivatives Total Lots Traded 2018 / 2019 / 2020
Value traded$3,505 m19.2%
% of value on-market58.1%21.2%
Average on-market trade size$3,606-37.2%
Total Debt Transactions
Total trades3,10633.3%
Value traded $100 m48.4%
Cumulative Numbers - YTD
Number of trades1,067,509133.4%
Total value traded$6,910 m27.6%
% of value on-market54.0%11.1%

NZX Indices PerformanceFeb 2020Change YoYClearing House / DepositoryFeb 2020Change YoY
S&P/NZX 50 Index (Gross)11,26120.8%Gross value of cleared trades over month$3,618 m20.0%
S&P/NZX 50 Index (Capital)4,82116.7%Collateral held at month end$41 m1.2%
S&P/NZX 50 Portfolio Index6,81318.0%Depository transactions5,577258.4%
S&P/NZX Primary Sector Index15,008-7.5%Assets under custody in depository$3,519 m368.0%
S&P/NZX NZ Fixed Interest Composite Index1256.5%Value of stock lent over month$213 m-39.7%
S&P/NZX A-Grade Bond Index5,7796.2%
Direct Data ProductsFeb 2020Change YoYDairy Data SubscriptionsFeb 2020Change YoY
Proprietary security subscription products*310-1.0%Dairy data subscriptions*499-8.9%
- products ≥ $3,000 p.a.*1090.9% - products ≥ $1,500 p.a. *116-12.8%
- products < $3,000 p.a.*201-2.0% - products < $1,500 p.a. *383-7.7%
* 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 DataFeb 2020Change YoYEnergy ContractsFeb 2020Change YoY
Terminal numbers - professional*6,119-2.1%Operating / Technology contracts176.3%
Terminal numbers - retail*1,41311.3%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4316.2%- contracts < $500k p.a.138.3%
Licences - value < $20k p.a.7914.5%
* 3 month average
Fund Management
Total external funds under management$3,991 m28.2%
SuperLifeFeb 2020Change YoY
Funds under management - KiwiSaver$1,026 m20.6%
Funds under management - other$1,612 m17.9%
Total$2,638 m18.9%
SmartsharesFeb 2020Change YoY
Funds under management - external$1,353 m51.2%
Funds under management - SuperLife funds$2,158 m21.4%
Total$3,511 m31.3%
Units on issue1,302 m25.9%
Wealth Technologies
Funds under administration$2,315 m12.0%
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