NZX Shareholder Metrics - October 2025

NZX Listed IssuersOct 2025 Change YoYCapital Listed and RaisedYTDChange YoY
Total equity securities117-4.1%Total capital listed and raised$1,370 m$18,845 m36.9%
Total fund securities56-
Total retail debt securities140-4.1%New Capital Listed
Total wholesale debt securities7-12.5%Total capital listed by all issuers$253 m$10,580 m126.5%
Total other securities433.3%
Total listed securities324-3.3%Equity listings$53 m$7,199 m2178.3%
Fund listings---100.0%
Retail debt listings$200 m$3,381 m-22.2%
Total NZX Main Board equity issuers116-4.1%Wholesale debt listings---
Total NZX Main Board fund issuers56-
Total NZX Debt Market retail debt issuers45-4.3%Secondary Capital Raised
Total NZX Debt Market wholesale debt issuers2-Total capital raised by all issuers$1,117 m$8,265 m-9.1%
Total other issuers433.3%
Total unique issuers197-2.5%Total equity raised - NZ issuers$603 m$4,756 m-3.6%
Total equity raised - dual or foreign issuer$4 m$590 m861.1%
Total funds raised - NZ issuers$151 m$1,419 m-5.1%
Market CapitalisationOct 2025Change YoY% of GDPTotal funds raised - dual or foreign issuer$220 m$472 m341.1%
Total market capitalisation$248,912 m7.0%57.1%Total retail debt raised$139 m$1,028 m-58.7%
Total wholesale debt raised---
All equity$184,068 m12.1%42.2%
All funds$9,424 m-12.4%2.2%
All other$8 m-41.9%0.0%Total number of secondary capital raising events346 2,893 62.8%
Total NZX Main Board$193,500 m10.6%44.4%Equity issuers - capital raised < $10m21 176 -2.8%
Equity issuers - capital raised ≥ $10m < $100m2 32 52.4%
Retail debt$43,449 m1.4%10.0%Equity issuers - capital raised ≥ $100m2 9 -10.0%
Green bonds$6,125 m-13.4%1.4%Fund issuers - capital raised319 2,655 72.4%
Wholesale debt$5,838 m-24.6%1.3%Retail debt issuers - capital raised2 21 -16.0%
Total NZX Debt Market$55,412 m-3.9%12.7%Wholesale debt issuers - capital raised- - -
Cash MarketOct 2025 Change YoYClearing House / DepositoryOct 2025 Change YoY
Total value traded$3,294 m-10.0%Gross value of cleared trades over month$3,406 m-10.9%
Auction value traded$751 m-2.2%Assets under custody in depository at period end$6,179 m-29.3%
Continuous value traded$1,188 m2.0%Depository Uplifts10,816 14.6%
NZX Dark value traded$146 m-4.9%Settlement Lines21,786 5.4%
% of value on-market63.3%11.0%OTC Trades11,247 17.6%
Total trades880,851-8.9%
Daily average value traded$150 m-9.9%
Daily average trades40,039-8.7%
DerivativesOct 2025 Change YoY
Total Equity TransactionsFutures - total lots traded62,13931.6%
Total trades874,508-8.7%Options - total lots traded3,837-34.6%
Value traded$3,067 m-9.7%Total derivatives lots traded65,97624.2%
% of value on-market64.6%5.5%Total derivatives lots traded - YTD634,51113.9%
Average on-market trade size$2,2844.7%Open interest at period end180,41229.9%
Notional value traded ($USD)$299 m2.9%
Total Debt TransactionsOptions to futures ratio6.2%-50.1%
Total trades6,343-15.2%Negotiated Large Trade (NLT) %45.7%-27.1%
Value traded $227 m-12.0%
Cumulative Numbers - YTD
Energy and Environment ContractsOct 2025 Change YoY
Number of trades8,860,908 21.0%Operating / Technology contracts17-
Total value traded$34,936 m14.7%- contracts ≥ $500k p.a.4-
% of value on-market62.9%0.8%- contracts $20k - $500k p.a.13-
NZX Limited - Monthly Shareholder Metrics
October 2025
These shareholder metrics represent the key operations of NZX's business.
Core Markets
Oct 2025

NZX Indices PerformanceOct 2025 Change YoYWholesale DataOct 2025 Change YoY
S&P/NZX 50 Index (Gross)13,5487.2%Terminal numbers - professional6,057-2.0%
S&P/NZX 50 Index (Capital)4,9194.0%Terminal numbers - retail1,3731.3%
S&P/NZX 50 Portfolio Index8,5669.3%Licences - value ≥ $20k p.a.791.3%
S&P/NZX NZ Fixed Interest Composite Index1357.4%Licences - value < $20k p.a.66-2.9%
S&P/NZX A-Grade Bond Index6,5817.4%
Direct Data ProductsOct 2025 Change YoYDairy Data SubscriptionsOct 2025 Change YoY
Proprietary security subscription products273-5.2%Dairy data subscriptions403-3.4%
- products ≥ $3,000 p.a.92-3.2% - products ≥ $1,500 p.a. 131-0.8%
- products < $3,000 p.a.181-6.2% - products < $1,500 p.a. 272-4.6%
Oct 2025 Change YoY
Total external funds under management$15,848 m22.5%
Scheme FUMOct 2025 Change YoY
SuperLife Kiwisaver$2,916 m16.8%
Workplace Savings Master Trusts$3,541 m7.6%
Smart Exchange Traded Funds - External$4,698 m40.5%
Smart Exchange Traded Funds - Total (external and internal)$7,104 m-20.1%
Other MetricsOct 2025 Change YoY
Units on issue1,784 m-36.3%
Value of stock lent over month$115 m-48.9%
Oct 2025 Change YoY
Funds under administration$19,361 m23.0%
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