NZX Shareholder Metrics – July 2020

NZX Limited - Monthly Shareholder Metrics
July 2020
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersJul 2020Change YoYCapital RaisingJul 2020YTDChange YoY
Total equity securities129-2.3%Total capital raisings $900 m$9,127 m3.8%
Total fund securities498.9%
Total retail debt securities134-0.7%New Capital Listed
Total wholesale debt securities740.0%Total capital listed by all issuers$98 m$2,433 m-47.4%
Total other securities40.0%
Total listed securities3230.6%Equity listings *$54 m$89 m118.1%
Fund listings$44 m$44 m541.1%
Retail debt listings-$1,500 m-51.7%
Total NZX Main Board equity issuers127-2.3%Wholesale debt listings-$800 m-45.6%
Total NZX Main Board fund issuers498.9%
comparatives) as well.
Total NZX Debt Market retail debt issuers49-2.0%
Total NZX Debt Market wholesale debt issuers20.0%Secondary Capital Raisings
Total other issuers433.3%Total capital raised by all issuers$802 m$6,694 m60.5%
Total unique issuers2020.0%
Total equity raised - NZ issuers$141 m$3,282 m118.1%
Total equity raised - dual or foreign issuer$358 m$359 m-72.0%
Market CapitalisationJul 2020Change YoY% of GDP
Total funds raised - NZ issuers$87 m$714 m79.2%
Total market capitalisation$204,204 m7.2%65.7%Total funds raised - dual or foreign issuer$8 m$366 m40.1%
Total retail debt raised$208 m$1,416 m95.2%
All equity$162,146 m5.7%52.1%Total wholesale debt raised-$557 m-
All funds$5,153 m15.4%1.7%
All other$18 m440.3%0.0%
Total NZX Main Board$167,317 m6.0%53.8%Total number of secondary capital raising events2451,71571.3%
Equity issuers - capital raised < $10m281832.2%
Retail debt$32,222 m5.6%10.4%Equity issuers - capital raised ≥ $10m < $100m32441.2%
Green bonds$900 m12.5%0.3%Equity issuers - capital raised ≥ $100m1950.0%
Wholesale debt$3,765 m155.60%1.2%Fund issuers - capital raised2091,47487.8%
Total NZX Debt Market$36,887 m12.5%11.9%Retail debt issuers - capital raised42471.4%
Wholesale debt issuers - capital raised-1-
Cash MarketJul 2020Change YoY
Total value traded$4,001 m42.9%
DerivativesJul 2020Change YoY
Daily average value traded$174 m42.9%Futures - total lots traded24,672-20.3%
On-market value traded$2,432 m62.3%Options - total lots traded7,61611.8%
% of value on-market60.8%13.6%Total derivatives lots traded32,288-14.5%
Total trades1,081,283172.4%Total derivatives lots traded - YTD237,9145.6%
Daily average trades47,012172.4%Open interest81,23040.6%
Notional value traded ($USD)$162 m7.7%
Options to futures ratio30.9%40.2%
Total Equity TransactionsBlock trade %0.0%-100.0%
Total trades1,078,592173.5%
Value traded$3,910 m46.9%
Derivatives Total Lots Traded 2018 / 2019 / 2020
% of value on-market61.4%11.1%
Average on-market trade size$2,232-40.6%
Total Debt Transactions
Total trades2,6911.9%
Value traded $91 m-34.4%
Cumulative Numbers - YTD
Number of trades6,975,737208.2%
Total value traded$31,932 m51.1%
% of value on-market62.2%20.1%
* Equity listings includes reverse listings. YTD number has been restated (including

NZX Indices PerformanceJul 2020Change YoYClearing House / DepositoryJul 2020Change YoY
S&P/NZX 50 Index (Gross)11,7288.0%Gross value of cleared trades over month$4,008 m42.4%
S&P/NZX 50 Index (Capital)4,9664.9%Collateral held at month end$74 m286.7%
S&P/NZX 50 Portfolio Index6,7200.6%Depository transactions7,911100.4%
S&P/NZX Primary Sector Index16,8440.7%Assets under custody in depository$3,870 m276.1%
S&P/NZX NZ Fixed Interest Composite Index1295.4%Value of stock lent over month*--100.0%
S&P/NZX A-Grade Bond Index5,9575.4%
* Due to changes in custodian, NZX Clearing ceased offering stock lending to Participants in
March 2020. Smartshares is completing its own bilateral lending programme.
Direct Data ProductsJul 2020Change YoYDairy Data SubscriptionsJul 2020Change YoY
Proprietary security subscription products*3170.6%Dairy data subscriptions*462-11.2%
- products ≥ $3,000 p.a.*109-1.8% - products ≥ $1,500 p.a. *103-18.3%
- products < $3,000 p.a.*2082.0% - products < $1,500 p.a. *359-8.9%
* 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 DataJul 2020Change YoYEnergy ContractsJul 2020Change YoY
Terminal numbers - professional6,191-0.5%Operating / Technology contracts176.3%
Terminal numbers - retail3,142146.8%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4515.4%- contracts < $500k p.a.138.3%
Licences - value < $20k p.a.800.0%
Fund Management
SmartsharesJul 2020Change YoY
Funds under management - external$1,460 m27.8%
Funds under management - SuperLife funds$2,199 m11.2%
Total$3,659 m17.3%
Units on issue1,375 m21.4%
Value of stock lent over month*$256 m-
* Due to changes in custodian, Smartshares ceased offering securities through the NZX Clearing centralised clearing book in March 2020 and is now lending
exclusively through its own stock lending programme.
Wealth Technologies
Funds under administration$3,192 m48.1%
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
Jul 2020 Change YoY
Total external funds under management$4,092 m14.3%
SuperLifeJul 2020 Change YoY
Funds under management - KiwiSaver$1,053 m10.5%
Funds under management - other$1,579 m6.2%
Total$2,632 m7.9%