NZX Shareholder Metrics – October 2020

NZX Limited - Monthly Shareholder Metrics
October 2020
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersOct 2020Change YoYCapital RaisingOct 2020YTDChange YoY
Total equity securities129-3.0%Total capital raisings $1,107 m$13,776 m0.2%
Total fund securities498.9%
Total retail debt securities139-0.7%New Capital Listed
Total wholesale debt securities860.0%Total capital listed by all issuers$320 m$4,828 m-30.6%
Total other securities566.7%
Total listed securities3301.2%Equity listings *$70 m$159 m-74.8%
Fund listings-$44 m13.9%
Retail debt listings$250 m$3,325 m-31.0%
Total NZX Main Board equity issuers127-3.1%Wholesale debt listings-$1,300 m-11.6%
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 issuers49-3.9%
Total NZX Debt Market wholesale debt issuers20.0%Secondary Capital Raisings
Total other issuers5150.0%Total capital raised by all issuers$787 m$8,948 m31.9%
Total unique issuers202-0.5%
Total equity raised - NZ issuers$388 m$3,882 m81.4%
Total equity raised - dual or foreign issuer$81 m$514 m-75.6%
Market CapitalisationOct 2020Change YoY% of GDP
Total funds raised - NZ issuers$77 m$946 m68.5%
Total market capitalisation$213,949 m11.0%68.8%Total funds raised - dual or foreign issuer$15 m$439 m7.9%
Total retail debt raised$226 m$2,610 m189.5%
All equity$168,619 m10.2%54.2%Total wholesale debt raised-$557 m-16.9%
All funds$5,593 m18.7%1.8%
All other$31 m1453.5%0.0%
Total NZX Main Board$174,243 m10.4%56.0%Total number of secondary capital raising events2752,56654.0%
Equity issuers - capital raised < $10m283304.1%
Retail debt$33,223 m3.7%10.7%Equity issuers - capital raised ≥ $10m < $100m104037.9%
Green bonds$2,225 m147.2%0.7%Equity issuers - capital raised ≥ $100m1100.0%
Wholesale debt$4,258 m105.6%1.4%Fund issuers - capital raised2322,15066.4%
Total NZX Debt Market$39,706 m13.4%12.8%Retail debt issuers - capital raised435105.9%
Wholesale debt issuers - capital raised-1-50.0%
Cash MarketOct 2020Change YoY
Total value traded$4,166 m31.2%
DerivativesOct 2020Change YoY
Daily average value traded$198 m37.4%Futures - total lots traded22,08258.9%
On-market value traded$2,604 m36.9%Options - total lots traded10,410170.4%
% of value on-market62.5%4.4%Total derivatives lots traded32,49283.1%
Total trades941,29866.7%Total derivatives lots traded - YTD319,0810.5%
Daily average trades44,82474.6%Open interest71,05156.1%
Notional value traded ($USD)$163 m49.5%
Options to futures ratio47.1%70.2%
Total Equity TransactionsBlock trade %0.0%-
Total trades938,50067.0%
Value traded$4,033 m31.6%
Derivatives Total Lots Traded 2018 / 2019 / 2020
% of value on-market63.8%4.5%
Average on-market trade size$2,753-17.8%
Total Debt Transactions
Total trades2,7983.1%
Value traded $133 m20.7%
Cumulative Numbers - YTD
Number of trades9,920,509159.1%
Total value traded$44,699 m44.4%
% of value on-market61.4%15.2%

NZX Indices PerformanceOct 2020Change YoYClearing House / DepositoryOct 2020Change YoY
S&P/NZX 50 Index (Gross)12,08412.0%Gross value of cleared trades over month$4,187 m31.0%
S&P/NZX 50 Index (Capital)5,0789.4%Collateral held at month end$66 m30.4%
S&P/NZX 50 Portfolio Index7,2748.6%Depository transactions7,45532.2%
S&P/NZX Primary Sector Index15,843-3.0%Assets under custody in depository$4,208 m289.9%
S&P/NZX NZ Fixed Interest Composite Index1315.8%Value of stock lent over month*--100.0%
S&P/NZX A-Grade Bond Index6,0435.8%
* 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 ProductsOct 2020Change YoYDairy Data SubscriptionsOct 2020Change YoY
Proprietary security subscription products*309-0.3%Dairy data subscriptions*469-8.6%
- products ≥ $3,000 p.a.*1110.9% - products ≥ $1,500 p.a. *103-14.9%
- products < $3,000 p.a.*198-1.0% - products < $1,500 p.a. *366-6.6%
* 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 DataOct 2020Change YoYEnergy ContractsOct 2020Change YoY
Terminal numbers - professional6,1791.8%Operating / Technology contracts170.0%
Terminal numbers - retail2,66572.0%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4615.0%- contracts < $500k p.a.130.0%
Licences - value < $20k p.a.820.0%
Smartshares
Oct 2020Change YoY
Total external funds under management$4,558 m20.5%
Scheme FUMOct 2020Change YoY
SuperLife Kiwisaver$1,094 m10.1%
SuperLife Workplace Savings$1,247 m-2.0%
Smartshares Exchange Traded Funds - External$1,657 m33.0%
Smartshares Exchange Traded Funds - Total (external and internal)$3,958 m20.5%
* 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 MetricsOct 2020Change YoY
Units on issue1,452 m22.6%
Value of stock lent over month*$511 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$3,661 m62.9%
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