NZX Shareholder Metrics – May 2020

NZX Limited - Monthly Shareholder Metrics
May 2020
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersMay 2020Change YoYCapital RaisingMay 2020YTDChange YoY
Total equity securities130-0.8%Total capital raisings $1,583 m$6,751 m15.7%
Total fund securities4521.6%
Total retail debt securities1370.7%New Capital Listed
Total wholesale debt securities740.0%Total capital listed by all issuers$300 m$2,300 m-42.5%
Total other securities4-20.0%
Total listed securities3232.9%Equity listings---
Fund listings---
Retail debt listings-$1,500 m-40.7%
Total NZX Main Board equity issuers1285.8%Wholesale debt listings$300 m$800 m-45.6%
Total NZX Main Board fund issuers4521.6%
Total NZX Debt Market retail debt issuers510.0%Secondary Capital Raisings
Total NZX Debt Market wholesale debt issuers20.0%Total capital raised by all issuers$1,283 m$4,451 m142.5%
Total other issuers40.0%
Total unique issuers1992.6%Total equity raised - NZ issuers$702 m$2,133 m110.1%
Total equity raised - dual or foreign issuer---100.0%
Total funds raised - NZ issuers$97 m$528 m147.3%
Market CapitalisationMay 2020Change YoY% of GDP
Total funds raised - dual or foreign issuer$20 m$343 m55.8%
Total market capitalisation$193,501 m7.5%62.2%Total retail debt raised$464 m$890 m144.1%
Total wholesale debt raised-$557 m-
All equity$151,042 m5.7%48.6%
All funds$4,863 m16.8%1.6%
All other$8 m-3.3%0.0%Total number of secondary capital raising events2541,186102.7%
Total NZX Main Board$155,913 m6.0%50.1%Equity issuers - capital raised < $10m33122-10.3%
Equity issuers - capital raised ≥ $10m < $100m61475.0%
Retail debt$32,923 m6.4%10.6%Equity issuers - capital raised ≥ $100m240.0%
Green bonds$900 m38.5%0.3%Fund issuers - capital raised2071,030139.5%
Wholesale debt$3,765 m155.24%1.2%Retail debt issuers - capital raised615114.3%
Total NZX Debt Market$37,588 m13.7%12.1%Wholesale debt issuers - capital raised-1-
Cash MarketMay 2020Change YoYDerivativesMay 2020Change YoY
Total value traded$4,364 m22.0%Futures - total lots traded28,07613.6%
Daily average value traded$208 m33.6%Options - total lots traded3,100-43.0%
On-market value traded$2,990 m59.5%Total derivatives lots traded31,1763.4%
% of value on-market68.5%30.8%Total derivatives lots traded - YTD175,59118.7%
Total trades1,042,610143.0%Open interest77,40325.5%
Daily average trades49,648166.2%Notional value traded ($USD)$122 m-16.2%
Options to futures ratio11.0%-49.8%
Block trade %0.0%-100.0%
Total Equity Transactions
Total trades1,039,565143.8%
Derivatives Total Lots Traded 2018 / 2019 / 2020
Value traded$4,220 m22.8%
% of value on-market69.9%30.1%
Average on-market trade size$2,848-34.9%
Total Debt Transactions
Total trades3,04513.9%
Value traded $144 m1.6%
Cumulative Numbers - YTD
Number of trades4,589,849212.3%
Total value traded$22,573 m44.7%
% of value on-market62.7%25.8%

NZX Indices PerformanceMay 2020Change YoYClearing House / Depository
May 2020Change YoY
S&P/NZX 50 Index (Gross)10,8827.6%Gross value of cleared trades over month$4,382 m22.1%
S&P/NZX 50 Index (Capital)4,6224.4%Collateral held at month end$116 m463.2%
S&P/NZX 50 Portfolio Index6,3601.8%Depository transactions6,934153.3%
S&P/NZX Primary Sector Index16,1100.6%Assets under custody in depository$3,558 m325.5%
S&P/NZX NZ Fixed Interest Composite Index128.426.5%Value of stock lent over month*--100.0%
S&P/NZX A-Grade Bond Index5,9276.4%
* Due to changes in custodian, NZX Clearing currently has no Participants offering lending
through its centralised clearing book. Smartshares is completing its own bilateral lending
programme.

Direct Data ProductsMay 2020Change YoYDairy Data SubscriptionsMay 2020Change YoY
Proprietary security subscription products*3160.3%Dairy data subscriptions*479-9.1%
- products ≥ $3,000 p.a.*108-1.8% - products ≥ $1,500 p.a. *108-16.3%
- products < $3,000 p.a.*2081.5% - products < $1,500 p.a. *371-6.8%
* 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 DataMay 2020Change YoYEnergy ContractsMay 2020Change YoY
Terminal numbers - professional6,3532.0%Operating / Technology contracts176.3%
Terminal numbers - retail3,006131.9%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4310.3%- contracts < $500k p.a.138.3%
Licences - value < $20k p.a.8111.0%
Fund Management
Total external funds under management$3,848 m16.1%
SuperLifeMay 2020Change YoY
Funds under management - KiwiSaver$991 m11.0%
Funds under management - other$1,514 m7.2%
Total$2,505 m8.7%
SmartsharesMay 2020Change YoY
Funds under management - external$1,343 m33.2%
Funds under management - SuperLife funds$2,074 m12.1%
Total$3,417 m19.5%
Units on issue1,325 m23.6%
Value of stock lent over month*$241 m-
* Due to changes in custodian, Smartshares is no longer offering securities through the NZX Clearing centralised clearing book and is now lending exclusively through
its own stock lending programme.
Wealth Technologies
Funds under administration$2,350 m12.9%
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