NZX Shareholder Metrics – September 2020

NZX Limited - Monthly Shareholder Metrics
September 2020
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersSep 2020Change YoYCapital RaisingSep 2020YTDChange YoY
Total equity securities128-3.8%Total capital raisings $2,215 m$12,669 m-1.4%
Total fund securities496.5%
Total retail debt securities137-0.7%New Capital Listed
Total wholesale debt securities860.0%Total capital listed by all issuers$1,350 m$4,508 m-33.3%
Total other securities40.0%
Total listed securities3260.0%Equity listings *-$89 m-85.9%
Fund listings-$44 m13.9%
Retail debt listings$850 m$3,075 m-33.4%
Total NZX Main Board equity issuers126-3.8%Wholesale debt listings$500 m$1,300 m-11.6%
Total NZX Main Board fund issuers496.5%
* Equity listings includes reverse listings. YTD numbers have been restated (including
comparatives) as well.
Total NZX Debt Market retail debt issuers48-4.0%
Total NZX Debt Market wholesale debt issuers20.0%Secondary Capital Raisings
Total other issuers433.3%Total capital raised by all issuers$865 m$8,161 m34.1%
Total unique issuers201-1.5%
Total equity raised - NZ issuers$177 m$3,494 m100.7%
Total equity raised - dual or foreign issuer-$433 m-79.4%
Market CapitalisationSep 2020Change YoY% of GDP
Total funds raised - NZ issuers$84 m$869 m73.0%
Total market capitalisation$208,089 m7.3%66.9%Total funds raised - dual or foreign issuer$55 m$424 m23.5%
Total retail debt raised$549 m$2,384 m228.7%
All equity$163,458 m5.6%52.6%Total wholesale debt raised-$557 m-16.9%
All funds$5,353 m16.3%1.7%
All other$19 m493.0%0.0%
Total NZX Main Board$168,830 m5.9%54.3%Total number of secondary capital raising events3282,29160.5%
Equity issuers - capital raised < $10m8330214.8%
Retail debt$32,898 m3.5%10.6%Equity issuers - capital raised ≥ $10m < $100m53050.0%
Green bonds$2,100 m162.5%0.7%Equity issuers - capital raised ≥ $100m-9-
Wholesale debt$4,261 m105.34%1.4%Fund issuers - capital raised2351,91871.4%
Total NZX Debt Market$39,259 m13.3%12.6%Retail debt issuers - capital raised531121.4%
Wholesale debt issuers - capital raised-1-50.0%
Cash MarketSep 2020Change YoY
Total value traded$4,568 m45.0%
DerivativesSep 2020Change YoY
Daily average value traded$208 m38.4%Futures - total lots traded18,873-29.0%
On-market value traded$2,590 m42.9%Options - total lots traded5,70039.7%
% of value on-market56.7%-1.5%Total derivatives lots traded24,573-19.8%
Total trades965,48488.7%Total derivatives lots traded - YTD286,589-4.3%
Daily average trades43,88680.1%Open interest73,44125.6%
Notional value traded ($USD)$95 m-39.2%
Options to futures ratio30.2%96.7%
Total Equity TransactionsBlock trade %0.0%-100.0%
Total trades962,55089.0%
Value traded$4,409 m44.8%
Derivatives Total Lots Traded 2018 / 2019 / 2020
% of value on-market58.0%-1.3%
Average on-market trade size$2,667-24.6%
Total Debt Transactions
Total trades2,93422.3%
Value traded $159 m53.4%
Cumulative Numbers - YTD
Number of trades8,979,211175.0%
Total value traded$40,533 m45.9%
% of value on-market61.3%16.6%

NZX Indices PerformanceSep 2020Change YoYClearing House / DepositorySep 2020Change YoY
S&P/NZX 50 Index (Gross)11,7477.5%Gross value of cleared trades over month$4,581 m45.1%
S&P/NZX 50 Index (Capital)4,9374.8%Collateral held at month end$67 m34.8%
S&P/NZX 50 Portfolio Index7,0092.8%Depository transactions8,25849.8%
S&P/NZX Primary Sector Index15,522-2.0%Assets under custody in depository$4,065 m279.0%
S&P/NZX NZ Fixed Interest Composite Index1315.1%Value of stock lent over month*--100.0%
S&P/NZX A-Grade Bond Index6,0345.3%
* 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 ProductsSep 2020Change YoYDairy Data SubscriptionsSep 2020Change YoY
Proprietary security subscription products*3223.5%Dairy data subscriptions*461-10.5%
- products ≥ $3,000 p.a.*1110.0% - products ≥ $1,500 p.a. *103-16.3%
- products < $3,000 p.a.*2115.5% - products < $1,500 p.a. *358-8.7%
* 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 DataSep 2020Change YoYEnergy ContractsSep 2020Change YoY
Terminal numbers - professional6,2424.8%Operating / Technology contracts170.0%
Terminal numbers - retail2,68677.4%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4617.9%- contracts < $500k p.a.130.0%
Licences - value < $20k p.a.80-2.4%
Smartshares
Sep 2020Change YoY
Total external funds under management$4,443 m20.4%
Scheme FUMSep 2020Change YoY
SuperLife Kiwisaver$1,085 m10.5%
SuperLife Workplace Savings$1,248 m-1.5%
Smartshares Exchange Traded Funds - External$1,570 m29.2%
Smartshares Exchange Traded Funds - Total (external and internal)$3,836 m18.2%
* 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 MetricsSep 2020Change YoY
Units on issue1,416 m21.3%
Value of stock lent over month*$390 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$3,282 m48.7%
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