NZX Shareholder Metrics - July 2025

NZX Listed IssuersJul 2025Change YoYCapital Listed and RaisedYTDChange YoY
Total equity securities116-5.7%Total capital listed and raised*$2,226 m$14,127 m82.8%
Total fund securities567.7%
Total retail debt securities141-2.8%New Capital Listed
Total wholesale debt securities7-12.5%Total capital listed by all issuers*-$8,548 m259.8%
Total other securities3-
Total listed securities323-2.4%Equity listings*-$7,080 m2140.6%
Fund listings--n/a
Retail debt listings-$1,468 m-28.7%
Total NZX Main Board equity issuers115-5.7%Wholesale debt listings--n/a
Total NZX Main Board fund issuers567.7%* Includes FCG's transfer to the NZX Main Board in January 2025
Total NZX Debt Market retail debt issuers46-4.2%
Total NZX Debt Market wholesale debt issuers2-Secondary Capital Raised
Total other issuers3-Total capital raised by all issuers$2,226 m$5,579 m4.3%
Total unique issuers197-1.5%
Total equity raised - NZ issuers$1,595 m$3,421 m59.7%
Total equity raised - dual or foreign issuer$388 m$419 m699.8%
Market CapitalisationJul 2025Change YoY% of GDPTotal funds raised - NZ issuers$131 m$977 m-10.8%
Total market capitalisation$237,578 m4.7%55.1%Total funds raised - dual or foreign issuer$25 m$117 m134.0%
Total retail debt raised$87 m$645 m-67.9%
All equity$172,627 m7.4%40.1%Total wholesale debt raised--n/a
All funds$10,610 m4.0%2.5%
All other$18 m231.4%0.0%Total number of secondary capital raising events309 1,852 58.8%
Total NZX Main Board$183,255 m7.2%42.5%Equity issuers - capital raised < $10m17 114 14.0%
Equity issuers - capital raised ≥ $10m < $100m3 16 23.1%
Retail debt$41,994 m1.8%9.7%Equity issuers - capital raised ≥ $100m2 5 25.0%
Green bonds$6,500 m-6.1%1.5%Fund issuers - capital raised285 1,703 65.3%
Wholesale debt$5,829 m-24.7%1.4%Retail debt issuers - capital raised2 14 -26.3%
Total NZX Debt Market$54,323 m-2.9%12.6%Wholesale debt issuers - capital raised- - n/a
Cash MarketJul 2025Change YoYClearing House / DepositoryJul 2025Change YoY
Total value traded$2,870 m-8.7%Gross value of cleared trades over month$2,841 m-10.1%
Auction value traded$739 m-2.8%Assets under custody in depository at period end$7,834 m-7.2%
Continuous value traded$972 m-10.3%Depository Uplifts11,077 13.7%
NZX Dark value traded$159 m376.9%Settlement Lines21,886 3.6%
% of value on-market65.2%9.2%OTC Trades11,910 19.1%
Total trades895,91923.3%
Daily average value traded$125 m-8.7%
Daily average trades38,95323.3%
DerivativesJul 2025Change YoY
Total Equity TransactionsFutures - total lots traded33,493-31.5%
Total trades889,91823.7%Options - total lots traded2,468-69.2%
Value traded$2,670 m-8.2%Total derivatives lots traded35,961-36.8%
% of value on-market67.1%11.1%Total derivatives lots traded - YTD421,59711.4%
Average on-market trade size$2,027-17.4%Open interest at period end189,40517.3%
Notional value traded ($USD)$321 m19.6%
Total Debt TransactionsOptions to futures ratio7.4%-54.9%
Total trades6,001-16.3%Negotiated Large Trade (NLT) %28.1%-33.4%
Value traded $200 m-15.4%
Cumulative Numbers - YTDEnergy and Environment ContractsJul 2025Change YoY
Number of trades6,298,226 34.7%Operating / Technology contracts17-
Total value traded$24,664 m25.0%- contracts ≥ $500k p.a.4-
% of value on-market63.0%2.5%- contracts $20k - $500k p.a.13-
NZX Limited - Monthly Shareholder Metrics
July 2025
These shareholder metrics represent the key operations of NZX's business.
Core Markets
Jul 2025

NZX Indices PerformanceJul 2025Change YoYWholesale DataJul 2025Change YoY
S&P/NZX 50 Index (Gross)12,8243.4%Terminal numbers - professional6,1690.3%
S&P/NZX 50 Index (Capital)4,7140.3%Terminal numbers - retail1,17111.1%
S&P/NZX 50 Portfolio Index8,0064.1%Licences - value ≥ $20k p.a.802.6%
S&P/NZX NZ Fixed Interest Composite Index1304.9%Licences - value < $20k p.a.693.0%
S&P/NZX A-Grade Bond Index6,4015.9%
Direct Data ProductsJul 2025Change YoYDairy Data SubscriptionsJul 2025Change YoY
Proprietary security subscription products277-4.2%Dairy data subscriptions403-5.8%
- products ≥ $3,000 p.a.950.0% - products ≥ $1,500 p.a. 130-3.7%
- products < $3,000 p.a.182-6.2% - products < $1,500 p.a. 273-6.8%
Jul 2025Change YoY
Total external funds under management$14,457 m17.3%
Scheme FUMJul 2025Change YoY
SuperLife Kiwisaver$2,734 m13.4%
Workplace Savings Master Trusts$3,393 m5.5%
Smart Exchange Traded Funds - External$4,107 m35.0%
Smart Exchange Traded Funds - Total (external and internal)$8,385 m-0.3%
Other MetricsJul 2025Change YoY
Units on issue2,540 m-7.2%
Value of stock lent over month$175 m-9.3%
Jul 2025Change YoY
Funds under administration$18,039 m21.7%
Smart
Wealth Technologies
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 rights, warrants and options quoted on the NZX Main Board (NZSX).
6. Auction value traded refers to trades made during the opening and closing auctions.Continuous value traded refers to on market trades made on NZX Central and NZX Debt
Markets during the Normal Trading session. On market value traded refers to all trading excluding off market trades.
7. 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: insights@nzx.com