NZX Shareholder Metrics – February 2021

NZX Limited - Monthly Shareholder Metrics
February 2021
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersFeb 2021Change YoYCapital RaisingFeb 2021YTDChange YoY
Total equity securities1331.5%Total capital raisings $901 m$1,161 m0.6%
Total fund securities486.7%
Total retail debt securities1433.6%New Capital Listed
Total wholesale debt securities860.0%Total capital listed by all issuers$205 m$205 m-59.0%
Total other securities4-
Total listed securities3364.0%Equity listings$80 m$80 m-
Fund listings---
Retail debt listings$125 m$125 m-75.0%
Total NZX Main Board equity issuers1311.6%Wholesale debt listings---
Total NZX Main Board fund issuers486.7%
Total NZX Debt Market retail debt issuers522.0%
Total NZX Debt Market wholesale debt issuers2-Secondary Capital Raisings
Total other issuers433.3%Total capital raised by all issuers$695 m$955 m46.3%
Total unique issuers2073.5%
Total equity raised - NZ issuers$328 m$332 m833.7%
Total equity raised - dual or foreign issuer-$1 m-
Market CapitalisationFeb 2021Change YoY% of GDP
Total funds raised - NZ issuers$92 m$308 m62.6%
Total market capitalisation$221,356 m13.1%72.9%Total funds raised - dual or foreign issuer$60 m$99 m-53.8%
Total retail debt raised$215 m$215 m0.2%
All equity$173,445 m12.3%57.1%Total wholesale debt raised---
All funds$6,371 m27.4%2.1%
All other$34 m436.5%0.0%
Total NZX Main Board$179,850 m12.8%59.2%Total number of secondary capital raising events28161228.3%
Equity issuers - capital raised < $10m234528.6%
Retail debt$34,546 m5.3%11.4%Equity issuers - capital raised ≥ $10m < $100m---100.0%
Green bonds$2,400 m166.7%0.8%Equity issuers - capital raised ≥ $100m11-
Wholesale debt$4,560 m84.7%1.5%Fund issuers - capital raised25356228.9%
Total NZX Debt Market$41,506 m14.7%13.7%Retail debt issuers - capital raised44-20.0%
Wholesale debt issuers - capital raised---
Cash MarketFeb 2021Change YoY
Total value traded$3,781 m4.9%
DerivativesFeb 2021Change YoY
Daily average value traded$199 m4.9%Futures - total lots traded21,623-16.8%
On-market value traded$2,386 m15.5%Options - total lots traded3,450-67.4%
% of value on-market63.1%10.1%Total derivatives lots traded25,073-31.4%
Total trades1,215,196112.9%Total derivatives lots traded - YTD48,154-25.7%
Daily average trades63,958112.9%Open interest54,690-8.0%
Notional value traded ($USD)$155 m22.6%
Options to futures ratio16.0%-60.8%
Total Equity TransactionsBlock trade %3.2%-
Total trades1,211,898113.5%
Value traded$3,620 m3.3%
Derivatives Total Lots Traded 2019 / 2020 / 2021
% of value on-market64.7%11.5%
Average on-market trade size$1,939-46.2%
Total Debt Transactions
Total trades3,2986.2%
Value traded $161 m60.9%
Cumulative Numbers - YTD
Number of trades2,340,845119.3%
Total value traded$7,402 m7.1%
% of value on-market66.6%23.4%

NZX Indices PerformanceFeb 2021Change YoYClearing House / DepositoryFeb 2021Change YoY
S&P/NZX 50 Index (Gross)12,2278.6%Gross value of cleared trades over month$3,762 m4.0%
S&P/NZX 50 Index (Capital)5,1196.2%Collateral held at month end$58 m40.2%
S&P/NZX 50 Portfolio Index7,73913.6%Depository transactions7,34131.6%
S&P/NZX Primary Sector Index14,449-3.7%Assets under custody in depository$4,885 m38.8%
S&P/NZX NZ Fixed Interest Composite Index124-0.8%Value of stock lent over month*--100.0%
S&P/NZX A-Grade Bond Index5,8340.9%
* 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 ProductsFeb 2021Change YoYDairy Data SubscriptionsFeb 2021Change YoY
Proprietary security subscription products*309-0.3%Dairy data subscriptions*467-6.4%
- products ≥ $3,000 p.a.*1090.0% - products ≥ $1,500 p.a. *104-10.3%
- products < $3,000 p.a.*200-0.5% - products < $1,500 p.a. *363-5.2%
Wholesale DataFeb 2021Change YoYEnergy ContractsFeb 2021Change YoY
Terminal numbers - professional6,2251.7%Operating / Technology contracts170.0%
Terminal numbers - retail2,16052.9%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.5527.9%- contracts < $500k p.a.130.0%
Licences - value < $20k p.a.76-3.8%
Smartshares
Feb 2021Change YoY
Total external funds under management$5,240 m31.3%
Scheme FUMFeb 2021Change YoY
SuperLife Kiwisaver$1,200 m17.0%
SuperLife Workplace Savings$1,342 m6.7%
Smartshares Exchange Traded Funds - External$2,054 m51.7%
Smartshares Exchange Traded Funds - Total (external and internal)$4,562 m29.9%
Other MetricsFeb 2021Change YoY
Units on issue1,616 m24.1%
Value of stock lent over month*$219 m1300.3%
* Due to changes in custodian, Smartshares ceased offering securities through the NZX Clearing centralised clearing book in late February 2020 and is now lending
exclusively through its own stock lending programme.
Wealth Technologies
Funds under administration$7,177 m210.1%
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