NZX Shareholder Metrics - March 2025

NZX Listed IssuersMar 2025 Change YoYCapital Listed and RaisedYTDChange YoY
Total equity securities119-5.6%Total capital listed and raised$1,640 m$10,015 m328.2%
Total fund securities567.7%
Total retail debt securities143-3.4%New Capital Listed*
Total wholesale debt securities8-Total capital listed by all issuers$150 m$7,980 m588.0%
Total other securities3-
Total listed securities329-2.4%Equity listings-$7,080 m-
Fund listings---
Retail debt listings$150 m$900 m-22.4%
Total NZX Main Board equity issuers118-5.6%Wholesale debt listings---
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$1,490 m$2,035 m72.6%
Total unique issuers199-2.0%
Total equity raised - NZ issuers$1,170 m$1,212 m195.6%
Total equity raised - dual or foreign issuer$8 m$31 m7848.7%
Total funds raised - NZ issuers$208 m$448 m1.7%
Market CapitalisationMar 2025Change YoY% of GDPTotal funds raised - dual or foreign issuer$7 m$61 m56.4%
Total market capitalisation$234,072 m4.9%54.8%Total retail debt raised$97 m$283 m-2.1%
Total wholesale debt raised---
All equity$165,117 m5.0%38.7%
All funds$9,928 m1.6%2.3%
All other$14 m151.0%0.0%Total number of secondary capital raising events293 741 64.3%
Total NZX Main Board$175,059 m4.8%41.0%Equity issuers - capital raised < $10m28 54 25.6%
Equity issuers - capital raised ≥ $10m < $100m4 6 50.0%
Retail debt$44,406 m7.2%10.4%Equity issuers - capital raised ≥ $100m2 2 100.0%
Green bonds$6,850 m-1.1%1.6%Fund issuers - capital raised257 673 69.9%
Wholesale debt$7,757 m0.2%1.8%Retail debt issuers - capital raised2 6 -14.3%
Total NZX Debt Market$59,013 m5.2%13.8%Wholesale debt issuers - capital raised- - -
Cash MarketMar 2025 Change YoYClearing House / DepositoryMar 2025 Change YoY
Total value traded$4,370 m43.0%Gross value of cleared trades over month$4,370 m42.8%
Auction value traded$1,277 m34.3%Assets under custody in depository at period end$7,602 m-9.1%
Continuous value traded$1,265 m21.7%Depository Uplifts9,015 5.8%
NZX Dark value traded$200 mn/aSettlement Lines19,501 5.4%
% of value on-market62.8%-3.6%OTC Trades10,639 14.6%
Total trades1,003,54044.6%
Daily average value traded$208 m36.2%
Daily average trades47,78837.7%
DerivativesMar 2025 Change YoY
Total Equity TransactionsFutures - total lots traded52,7449.8%
Total trades996,60744.8%Options - total lots traded41,4293599.0%
Value traded$4,127 m46.1%Total derivatives lots traded94,17391.5%
% of value on-market63.8%-4.4%Total derivatives lots traded - YTD192,56749.2%
Average on-market trade size$2,652-3.6%Open interest at period end154,3619.4%
Notional value traded ($USD)$605 m181.3%
Total Debt TransactionsOptions to futures ratio78.5%3267.4%
Total trades6,93316.2%Negotiated Large Trade (NLT) %82.3%198.0%
Value traded $243 m4.6%
Cumulative Numbers - YTD
Energy and Environment ContractsMar 2025 Change YoY
Number of trades2,796,131 53.9%Operating / Technology contracts17-5.6%
Total value traded$11,287 m51.8%- contracts ≥ $500k p.a.4-
% of value on-market66.9%9.2%- contracts < $500k p.a.13-7.1%
NZX Limited - Monthly Shareholder Metrics
March 2025
These shareholder metrics represent the key operations of NZX's business.
Core Markets
Mar 2025

NZX Indices PerformanceMar 2025 Change YoYWholesale DataMar 2025 Change YoY
S&P/NZX 50 Index (Gross)12,2701.4%Terminal numbers - professional6,090-4.1%
S&P/NZX 50 Index (Capital)4,530-1.6%Terminal numbers - retail1,3036.4%
S&P/NZX 50 Portfolio Index7,6590.5%Licences - value ≥ $20k p.a.79-
S&P/NZX NZ Fixed Interest Composite Index1286.1%Licences - value < $20k p.a.704.5%
S&P/NZX A-Grade Bond Index6,2787.2%
Direct Data ProductsMar 2025 Change YoYDairy Data SubscriptionsMar 2025 Change YoY
Proprietary security subscription products283-4.4%Dairy data subscriptions400-7.2%
- products ≥ $3,000 p.a.95-4.0% - products ≥ $1,500 p.a. 129-5.8%
- products < $3,000 p.a.188-4.6% - products < $1,500 p.a. 271-7.8%
Mar 2025 Change YoY
Total external funds under management$13,250 m13.2%
Scheme FUMMar 2025 Change YoY
SuperLife Kiwisaver$2,513 m9.7%
Workplace Savings Master Trusts$3,219 m1.8%
Smart Exchange Traded Funds - External$3,605 m30.8%
Smart Exchange Traded Funds - Total (external and internal)$7,984 m-1.4%
Other MetricsMar 2025 Change YoY
Units on issue2,602 m-2.9%
Value of stock lent over month$113 m-39.9%
Mar 2025 Change YoY
Funds under administration$16,817 m21.9%
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: data@nzx.com or insights@nzx.com