NZX Shareholder Metrics – August 2020

NZX Limited - Monthly Shareholder Metrics
August 2020
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersAug 2020Change YoYCapital RaisingAug 2020YTDChange YoY
Total equity securities128-3.8%Total capital raisings $1,327 m$10,454 m-7.7%
Total fund securities498.9%
Total retail debt securities1370.0%New Capital Listed
Total wholesale debt securities740.0%Total capital listed by all issuers$725 m$3,158 m-49.9%
Total other securities40.0%
Total listed securities3250.3%Equity listings *-$89 m-85.9%
Fund listings-$44 m541.1%
Retail debt listings$725 m$2,225 m-47.0%
Total NZX Main Board equity issuers126-3.8%Wholesale debt listings-$800 m-45.6%
Total NZX Main Board fund issuers498.9%
* Equity listings includes reverse listings. YTD numbers have been restated (including
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$602 m$7,296 m45.2%
Total unique issuers201-1.0%
Total equity raised - NZ issuers$35 m$3,317 m112.7%
Total equity raised - dual or foreign issuer$74 m$433 m-77.9%
Market CapitalisationAug 2020Change YoY% of GDP
Total funds raised - NZ issuers$71 m$785 m71.6%
Total market capitalisation$209,146 m9.3%67.3%Total funds raised - dual or foreign issuer$3 m$369 m16.0%
Total retail debt raised$419 m$1,835 m153.0%
All equity$165,851 m8.4%53.3%Total wholesale debt raised-$557 m-
All funds$5,381 m21.1%1.7%
All other$22 m605.1%0.0%
Total NZX Main Board$171,254 m8.8%55.1%Total number of secondary capital raising events2481,96360.1%
Equity issuers - capital raised < $10m362192.3%
Retail debt$32,723 m3.5%10.5%Equity issuers - capital raised ≥ $10m < $100m12531.6%
Green bonds$1,400 m75.0%0.5%Equity issuers - capital raised ≥ $100m-928.6%
Wholesale debt$3,769 m155.64%1.2%Fund issuers - capital raised2091,68373.1%
Total NZX Debt Market$37,892 m11.8%12.2%Retail debt issuers - capital raised22685.7%
Wholesale debt issuers - capital raised-1-
Cash MarketAug 2020Change YoY
Total value traded$4,033 m15.3%
DerivativesAug 2020Change YoY
Daily average value traded$192 m20.8%Futures - total lots traded20,422-42.2%
On-market value traded$2,380 m29.6%Options - total lots traded3,680-55.3%
% of value on-market59.0%12.3%Total derivatives lots traded24,102-44.7%
Total trades1,037,990112.0%Total derivatives lots traded - YTD262,016-2.6%
Daily average trades49,428122.0%Open interest82,51938.8%
Notional value traded ($USD)$74 m-52.4%
Options to futures ratio18.0%-22.5%
Total Equity TransactionsBlock trade %0.0%-100.0%
Total trades1,035,215112.4%
Value traded$3,923 m15.6%
Derivatives Total Lots Traded 2018 / 2019 / 2020
% of value on-market59.8%12.1%
Average on-market trade size$2,276-39.2%
Total Debt Transactions
Total trades2,77521.4%
Value traded $110 m7.3%
Cumulative Numbers - YTD
Number of trades8,013,727191.1%
Total value traded$35,965 m46.0%
% of value on-market61.8%19.2%

NZX Indices PerformanceAug 2020Change YoYClearing House / DepositoryAug 2020Change YoY
S&P/NZX 50 Index (Gross)11,93811.0%Gross value of cleared trades over month$4,039 m15.1%
S&P/NZX 50 Index (Capital)5,0488.1%Collateral held at month end$76 m83.7%
S&P/NZX 50 Portfolio Index6,9474.2%Depository transactions7,32130.0%
S&P/NZX Primary Sector Index16,2553.9%Assets under custody in depository$4,010 m284.2%
S&P/NZX NZ Fixed Interest Composite Index1304.4%Value of stock lent over month*--100.0%
S&P/NZX A-Grade Bond Index6,0124.8%
* 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 ProductsAug 2020Change YoYDairy Data SubscriptionsAug 2020Change YoY
Proprietary security subscription products*3203.6%Dairy data subscriptions*462-10.5%
- products ≥ $3,000 p.a.*1100.9% - products ≥ $1,500 p.a. *103-17.6%
- products < $3,000 p.a.*2105.0% - products < $1,500 p.a. *359-8.2%
* 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 DataAug 2020Change YoYEnergy ContractsAug 2020Change YoY
Terminal numbers - professional6,1382.8%Operating / Technology contracts176.3%
Terminal numbers - retail2,68985.3%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4720.5%- contracts < $500k p.a.138.3%
Licences - value < $20k p.a.79-1.3%
Smartshares
Aug 2020Change YoY
Total external funds under management$4,238 m16.6%
* Metrics reported by NZX for Smartshares and Superlife have changed as Smartshares has started to support institutional investors with both managed funds and
separately managed portfolios.
Other MetricsAug 2020Change YoY
Units on issue1,388 m20.5%
Value of stock lent over month*$295 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$3,294 m52.3%
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
Scheme FUMAug 2020 Change YoY
SuperLife Kiwisaver$1,089 m13.3%
SuperLife Workplace Savings$1,249 m-0.5%
Smartshares Exchange Traded Funds - External$1,537 m30.8%
Smartshares Exchange Traded Funds - Total (external and internal)$3,791 m19.6%