NZX Shareholder Metrics - February 2026

NZX Listed IssuersFeb 2026Change YoYCapital Listed and RaisedYTDChange YoY
Total equity securities117-2.5%Total capital listed and raised$1,049 m$1,947 m-76.8%
Total fund securities56-
Total retail debt securities139-3.5%New Capital Listed
Total wholesale debt securities7-12.5%Total capital listed by all issuers$188 m$838 m-89.3%
Total other securities6100.0%
Total listed securities325-1.8%Equity listings$188 m$188 m-97.3%
Fund listings - -n/a
Retail debt listings - $650 m-13.3%
Total NZX Main Board equity issuers116-2.5%Wholesale debt listings - -n/a
Total NZX Main Board fund issuers56-
Total NZX Debt Market retail debt issuers45-2.2%Secondary Capital Raised
Total NZX Debt Market wholesale debt issuers2-Total capital raised by all issuers$861 m$1,109 m103.5%
Total other issuers566.7%
Total unique issuers197-1.5%Total equity raised - NZ issuers$452 m$458 m990.5%
Total equity raised - dual or foreign issuer$135 m$139 m504.3%
Total funds raised - NZ issuers$115 m$242 m0.8%
Market CapitalisationFeb 2026Change YoY% of GDPTotal funds raised - dual or foreign issuer$63 m$85 m57.4%
Total market capitalisation$249,986 m6.4%56.8%Total retail debt raised$96 m$185 m-0.5%
Total wholesale debt raised - -n/a
All equity$184,291 m10.7%41.9%
All funds$9,201 m-10.1%2.1%
All other$5 m-66.7%0.0%Total number of secondary capital raising events283 580 29.5%
Total NZX Main Board$193,497 m9.4%44.0%Equity issuers - capital raised < $10m13 34 30.8%
Equity issuers - capital raised ≥ $10m < $100m- - -100.0%
Retail debt$44,624 m2.8%10.1%Equity issuers - capital raised ≥ $100m2 2 n/a
Green bonds$6,025 m-13.6%1.4%Fund issuers - capital raised266 540 29.8%
Wholesale debt$5,840 m-24.6%1.3%Retail debt issuers - capital raised2 4 -
Total NZX Debt Market$56,489 m-2.8%12.8%Wholesale debt issuers - capital raised - - n/a
Cash MarketFeb 2026Change YoYClearing House / DepositoryFeb 2026Change YoY
Total value traded$3,117 m-33.6%Gross value of cleared trades over month$2,979 m-9.1%
Auction value traded$903 m-48.7%Assets under custody in depository at period end$5,746 m-25.8%
Continuous value traded$1,081 m-16.9%Depository Uplifts8,772 8.7%
NZX Dark value traded$163 m8.3%Settlement Lines18,000 3.4%
% of value on-market68.9%0.7%OTC Trades9,328 3.7%
Total trades826,874-15.1%
Daily average value traded$164 m-33.6%
Daily average trades43,520-15.1%
DerivativesFeb 2026Change YoY
Total Equity TransactionsFutures - total lots traded46,599-15.5%
Total trades821,908-15.1%Options - total lots traded11,0141154.4%
Value traded$2,924 m-35.3%Total derivatives lots traded57,6132.8%
% of value on-market70.7%2.0%Total derivatives lots traded - YTD116,77818.7%
Average on-market trade size$2,532-22.0%Open interest at period end169,08033.1%
Notional value traded ($USD)$386 m-20.1%
Total Debt TransactionsOptions to futures ratio23.6%1377.2%
Total trades4,966-6.5%Negotiated Large Trade (NLT) %50.1%-6.4%
Value traded $193 m10.5%
Cumulative Numbers - YTDEnergy and Environment ContractsFeb 2026Change YoY
Number of trades1,574,771 -12.2%Operating / Technology contracts170.0%
Total value traded$5,716 m-17.4%- contracts ≥ $500k p.a.40.0%
% of value on-market66.7%-4.0%- contracts $20k - $500k p.a.130.0%
NZX Limited - Monthly Shareholder Metrics
February 2026
These shareholder metrics represent the key operations of NZX's business.
Core Markets
Feb 2026

NZX Indices PerformanceFeb 2026Change YoYWholesale DataFeb 2026Change YoY
S&P/NZX 50 Index (Gross)13,7238.9%Terminal numbers - professional6,1480.9%
S&P/NZX 50 Index (Capital)4,9565.6%Terminal numbers - retail1,1653.7%
S&P/NZX 50 Portfolio Index8,5248.2%Licences - value ≥ $20k p.a.832.5%
S&P/NZX NZ Fixed Interest Composite Index1355.8%Licences - value < $20k p.a.732.8%
S&P/NZX A-Grade Bond Index6,6206.0%
Direct Data ProductsFeb 2026Change YoYDairy Data SubscriptionsFeb 2026Change YoY
Proprietary security subscription products270-4.9%Dairy data subscriptions4368.7%
- products ≥ $3,000 p.a.90-5.3% - products ≥ $1,500 p.a. 1397.8%
- products < $3,000 p.a.180-4.8% - products < $1,500 p.a. 2979.2%
Feb 2026Change YoY
Total external funds under management$16,242 m19.3%
Scheme FUMFeb 2026Change YoY
SuperLife Kiwisaver$2,950 m13.9%
Workplace Savings Master Trusts$3,242 m-2.4%
Smart Exchange Traded Funds - External$5,127 m38.7%
Smart Exchange Traded Funds - Total (external and internal)$7,034 m-13.8%
Other MetricsFeb 2026Change YoY
Units on issue1,689 m-34.7%
Value of stock lent over month$147 m-10.4%
Feb 2026Change YoY
Funds under administration$20,268 m17.7%
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