NZX Shareholder Metrics – November 2020

NZX Limited - Monthly Shareholder Metrics
November 2020
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersNov 2020Change YoYCapital RaisingNov 2020YTDChange YoY
Total equity securities129-1.5%Total capital raisings $784 m$14,510 m-14.4%
Total fund securities498.9%
Total retail debt securities1390.0%New Capital Listed
Total wholesale debt securities860.0%Total capital listed by all issuers$98 m$4,876 m-30.1%
Total other securities40.0%
Total listed securities3291.5%Equity listings$98 m$207 m-67.2%
Fund listings-$44 m13.9%
Retail debt listings-$3,325 m-31.3%
Total NZX Main Board equity issuers127-1.6%Wholesale debt listings-$1,300 m-11.6%
Total NZX Main Board fund issuers498.9%
Total NZX Debt Market retail debt issuers49-3.9%
Total NZX Debt Market wholesale debt issuers20.0%Secondary Capital Raisings
Total other issuers433.3%Total capital raised by all issuers$686 m$9,634 m-3.3%
Total unique issuers2031.0%
Total equity raised - NZ issuers$243 m$4,125 m68.7%
Total equity raised - dual or foreign issuer-$514 m-88.0%
Market CapitalisationNov 2020Change YoY% of GDP
Total funds raised - NZ issuers$131 m$1,077 m70.4%
Total market capitalisation$224,209 m13.1%73.8%Total funds raised - dual or foreign issuer$38 m$477 m5.8%
Total retail debt raised$274 m$2,884 m166.2%
All equity$178,279 m12.8%58.7%Total wholesale debt raised-$557 m-48.7%
All funds$5,986 m23.3%2.0%
All other$35 m665.2%0.0%
Total NZX Main Board$184,300 m13.2%60.7%Total number of secondary capital raising events3482,91452.2%
Equity issuers - capital raised < $10m373674.9%
Retail debt$33,248 m3.8%10.9%Equity issuers - capital raised ≥ $10m < $100m24231.3%
Green bonds$2,400 m166.7%0.8%Equity issuers - capital raised ≥ $100m111-8.3%
Wholesale debt$4,261 m72.5%1.4%Fund issuers - capital raised3042,45463.9%
Total NZX Debt Market$39,909 m12.8%13.1%Retail debt issuers - capital raised43977.3%
Wholesale debt issuers - capital raised-1-66.7%
Cash MarketNov 2020Change YoY
Total value traded$4,639 m12.3%
DerivativesNov 2020Change YoY
Daily average value traded$221 m12.3%Futures - total lots traded14,003-4.7%
On-market value traded$3,001 m28.1%Options - total lots traded7,490225.4%
% of value on-market64.7%14.1%Total derivatives lots traded21,49326.4%
Total trades1,096,31291.8%Total derivatives lots traded - YTD340,5741.9%
Daily average trades52,20591.8%Open interest63,75257.2%
Notional value traded ($USD)$81 m-10.4%
Options to futures ratio53.5%241.5%
Total Equity TransactionsBlock trade %0.0%0
Total trades1,092,98192.1%
Value traded$4,489 m11.2%
Derivatives Total Lots Traded 2018 / 2019 / 2020
% of value on-market65.9%15.0%
Average on-market trade size$2,717-33.7%
Total Debt Transactions
Total trades3,33115.9%
Value traded $150 m59.7%
Cumulative Numbers - YTD
Number of trades11,016,821150.3%
Total value traded$49,338 m40.6%
% of value on-market61.7%14.9%

NZX Indices PerformanceNov 2020Change YoYClearing House / DepositoryNov 2020Change YoY
S&P/NZX 50 Index (Gross)12,76912.8%Gross value of cleared trades over month$4,639 m12.0%
S&P/NZX 50 Index (Capital)5,36110.3%Collateral held at month end$74 m3.6%
S&P/NZX 50 Portfolio Index7,72411.2%Depository transactions8,09238.7%
S&P/NZX Primary Sector Index15,638-6.9%Assets under custody in depository$4,508 m34.0%
S&P/NZX NZ Fixed Interest Composite Index1294.4%Value of stock lent over month*--100.0%
S&P/NZX A-Grade Bond Index5,9865.0%
* 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 ProductsNov 2020Change YoYDairy Data SubscriptionsNov 2020Change YoY
Proprietary security subscription products*3100.6%Dairy data subscriptions*472-6.9%
- products ≥ $3,000 p.a.*1100.9% - products ≥ $1,500 p.a. *103-12.7%
- products < $3,000 p.a.*2000.5% - products < $1,500 p.a. *369-5.1%
* 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 DataNov 2020Change YoYEnergy ContractsNov 2020Change YoY
Terminal numbers - professional6,2654.3%Operating / Technology contracts170.0%
Terminal numbers - retail2,41265.9%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.469.5%- contracts < $500k p.a.130.0%
Licences - value < $20k p.a.822.5%
Smartshares
Nov 2020Change YoY
Total external funds under management$4,871 m25.1%
Scheme FUMNov 2020Change YoY
SuperLife Kiwisaver$1,161 m14.6%
SuperLife Workplace Savings$1,328 m3.4%
Smartshares Exchange Traded Funds - External$1,783 m38.1%
Smartshares Exchange Traded Funds - Total (external and internal)$4,213 m24.9%
* 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 MetricsNov 2020Change YoY
Units on issue1,485 m22.9%
Value of stock lent over month*$348 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$6,950 m208.2%
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