NZX Shareholder Metrics – April 2020

NZX Limited - Monthly Shareholder Metrics
April 2020
These shareholder metrics represent the key operations of NZX's business.
Core Markets
NZX Listed IssuersApr 2020Change YoYCapital RaisingApr 2020YTDChange YoY
Total equity securities131-2.2%Total capital raisings $3,571 m$5,168 m5.0%
Total fund securities4521.6%
Total retail debt securities1370.7%New Capital Listed
Total wholesale debt securities620.0%Total capital listed by all issuers$1,500 m$2,000 m-46.7%
Total other securities4-20.0%
Total listed securities3231.9%Equity listings---
Fund listings---
Retail debt listings$1,000 m$1,500 m-34.2%
Total NZX Main Board equity issuers1295.7%Wholesale debt listings$500 m$500 m-66.0%
Total NZX Main Board fund issuers4521.6%
Total NZX Debt Market retail debt issuers510.0%Secondary Capital Raisings
Total NZX Debt Market wholesale debt issuers20.0%Total capital raised by all issuers$2,071 m$3,168 m170.4%
Total other issuers40.0%
Total unique issuers2002.0%Total equity raised - NZ issuers$1,351 m$1,431 m144.4%
Total equity raised - dual or foreign issuer---100.0%
Total funds raised - NZ issuers$96 m$431 m155.0%
Market CapitalisationApr 2020Change YoY% of GDP
Total funds raised - dual or foreign issuer$67 m$323 m65.0%
Total market capitalisation$186,835 m3.3%62.1%Total retail debt raised-$426 m113.9%
Total wholesale debt raised$557 m$557 m-
All equity$145,049 m0.6%48.2%
All funds$4,698 m12.3%1.6%
All other$7 m7.9%0.0%Total number of secondary capital raising events265932121.4%
Total NZX Main Board$149,754 m1.0%49.8%Equity issuers - capital raised < $10m2589-13.6%
Equity issuers - capital raised ≥ $10m < $100m6814.3%
Retail debt$32,723 m7.2%10.9%Equity issuers - capital raised ≥ $100m220.0%
Green bonds$900 m3.2%0.3%Fund issuers - capital raised231823169.8%
Wholesale debt$3,458 m134.36%1.1%Retail debt issuers - capital raised-9125.0%
Total NZX Debt Market$37,081 m12.8%12.3%Wholesale debt issuers - capital raised11-
Cash MarketApr 2020Change YoYDerivativesApr 2020Change YoY
Total value traded$4,756 m75.7%Futures - total lots traded32,84577.2%
Daily average value traded$250 m75.7%Options - total lots traded2,733-26.6%
On-market value traded$3,311 m131.7%Total derivatives lots traded35,57859.8%
% of value on-market69.6%31.9%Total derivatives lots traded - YTD144,41522.7%
Total trades1,328,068361.0%Open interest69,43823.7%
Daily average trades69,898361.0%Notional value traded ($USD)$151 m62.0%
Options to futures ratio8.3%-58.6%
Block trade %0.0%-
Total Equity Transactions
Total trades1,324,609363.3%
Derivatives Total Lots Traded 2018 / 2019 / 2020
Value traded$4,596 m76.4%
% of value on-market70.8%31.8%
Average on-market trade size$2,463-50.4%
Total Debt Transactions
Total trades3,45956.0%
Value traded $160 m57.3%
Cumulative Numbers - YTD
Number of trades3,547,239240.9%
Total value traded$18,209 m51.5%
% of value on-market61.3%24.9%

NZX Indices PerformanceApr 2020Change YoYClearing House / DepositoryApr 2020Change YoY
S&P/NZX 50 Index (Gross)10,5325.2%Gross value of cleared trades over month$4,774 m76.0%
S&P/NZX 50 Index (Capital)4,4741.9%Collateral held at month end$69 m90.4%
S&P/NZX 50 Portfolio Index6,154-0.2%Depository transactions7,359242.3%
S&P/NZX Primary Sector Index16,148-6.9%Assets under custody in depository$3,375 m315.0%
S&P/NZX NZ Fixed Interest Composite Index1287.4%Value of stock lent over month*--100.0%
S&P/NZX A-Grade Bond Index5,8796.8%
* Due to changes in custodian, NZX Clearing currently has no Participants offering lending
through its centralised clearing book. Smartshares is completing its own bilateral lending
programme.

Direct Data ProductsApr 2020Change YoYDairy Data SubscriptionsApr 2020Change YoY
Proprietary security subscription products*311-1.3%Dairy data subscriptions*485-9.5%
- products ≥ $3,000 p.a.*109-0.9% - products ≥ $1,500 p.a. *114-13.6%
- products < $3,000 p.a.*202-1.5% - products < $1,500 p.a. *371-8.2%
* 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 DataApr 2020Change YoYEnergy ContractsApr 2020Change YoY
Terminal numbers - professional6,123-2.3%Operating / Technology contracts176.3%
Terminal numbers - retail2,30879.9%- contracts ≥ $500k p.a.40.0%
Licences - value ≥ $20k p.a.4310.3%- contracts < $500k p.a.138.3%
Licences - value < $20k p.a.8112.5%
Fund Management
Total external funds under management$3,701 m12.3%
SuperLifeApr 2020Change YoY
Funds under management - KiwiSaver$950 m6.2%
Funds under management - other$1,459 m2.8%
Total$2,409 m4.1%
SmartsharesApr 2020Change YoY
Funds under management - external$1,292 m31.7%
Funds under management - SuperLife funds$2,027 m8.9%
Total$3,319 m16.7%
Units on issue1,304 m23.7%
Value of stock lent over month*248 m-
* Due to changes in custodian, Smartshares is no longer offering securities through the NZX Clearing centralised clearing book and is now lending exclusively through
its own stock lending programme.
Wealth Technologies
Funds under administration$2,307 m10.9%
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