NZX Outlines November 2015 Metrics, Highlighted by Steady Growth

Thursday, 03/12/2015 | 14:06 GMT by Jeff Patterson
  • NZX’s cash market trading and average daily volumes each outdid their 2014 performance during November, en route to solid gains.
NZX Outlines November 2015 Metrics, Highlighted by Steady Growth
Finance Magnates

NZX Limited has reported its shareholder metrics for the month ending November 2015. The figures represent a number of integral features of NZX’s operations in each of its core businesses showing a generally sustained growth for the month, according to an NZX statement.

In terms of the NZX’s cash market trading, November 2015 saw total trades at 127,393, representing a jump of 7.7% YoY from November 2014. Moreover, average daily trades managed to rise to 6,066 in November 2015, corresponding to a less pronounced 2.6% YoY jump from November 2014. This was reinforced by the total value traded of only $3.3 billion in November 2015, up 1.1% YoY from November 2014.

Equity transactions on the NZX were largely a similar storyline, with total trades surging to 124,411 trades in November 2015, up 7.5% YoY from November 2014. Additionally, equity transaction value traded at the NZX during November 2015 climbed to $3.2 billion, up 1.4% YoY from November 2014.

Finally, November 2015 proved to be an upbeat month for each of its indices, including the NZX 50 Index (12.5% growth YoY), the NZX Portfolio Index (13.1% growth), ANZ A-Grade Bond Index (7.1% growth), and the ANZ All Swap Index (7.8% growth).

The entire monthly metrics can be read in full by accessing the following link.

Last month, the NZX revealed that financial services provider for global markets, INTL FCStone Financial Inc., had been accredited as a Derivatives Trading and Advising Participant for the exchange’s Derivatives Market.

In particular, the partnership saw INTL FCStone Financial Inc. also become a General Clearing Participant for the NZX Dairy Derivatives Market. The new directive will see INTL FCStone become just the second US-based participant to achieve full membership status since the NZX was granted authorization as a Foreign Board of Trade by the US Commodity Futures Trading Commission (CFTC ) back in 2014.

NZX Limited has reported its shareholder metrics for the month ending November 2015. The figures represent a number of integral features of NZX’s operations in each of its core businesses showing a generally sustained growth for the month, according to an NZX statement.

In terms of the NZX’s cash market trading, November 2015 saw total trades at 127,393, representing a jump of 7.7% YoY from November 2014. Moreover, average daily trades managed to rise to 6,066 in November 2015, corresponding to a less pronounced 2.6% YoY jump from November 2014. This was reinforced by the total value traded of only $3.3 billion in November 2015, up 1.1% YoY from November 2014.

Equity transactions on the NZX were largely a similar storyline, with total trades surging to 124,411 trades in November 2015, up 7.5% YoY from November 2014. Additionally, equity transaction value traded at the NZX during November 2015 climbed to $3.2 billion, up 1.4% YoY from November 2014.

Finally, November 2015 proved to be an upbeat month for each of its indices, including the NZX 50 Index (12.5% growth YoY), the NZX Portfolio Index (13.1% growth), ANZ A-Grade Bond Index (7.1% growth), and the ANZ All Swap Index (7.8% growth).

The entire monthly metrics can be read in full by accessing the following link.

Last month, the NZX revealed that financial services provider for global markets, INTL FCStone Financial Inc., had been accredited as a Derivatives Trading and Advising Participant for the exchange’s Derivatives Market.

In particular, the partnership saw INTL FCStone Financial Inc. also become a General Clearing Participant for the NZX Dairy Derivatives Market. The new directive will see INTL FCStone become just the second US-based participant to achieve full membership status since the NZX was granted authorization as a Foreign Board of Trade by the US Commodity Futures Trading Commission (CFTC ) back in 2014.

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