NZX Sees Capital Markets Shine in Q1, Led by Cash Markets and Equities
- The NZX did not disappoint in Q1, with virtually every key metric pointing higher and overtaking its 2015 counterpart.
The New Zealand Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (NZX) released its Q1 2016 activity report and financials, which overall secured a healthy growth YoY as it looks to build upon its momentum after closing out the year strong, according to an NZX statement.
Looking at the financials, NZX’s overall group revenue climbed 9.6% to $12.6 million (NZ$18.0 million) during Q1 2016, besting a Q1 2015 figure of $11.5 million (NZ$16.4 million) in Q1 2015. In this space, the largest growth was contributed by the NZX’s agricultural business, namely across its commodities, which climbed 39.0% YoY to $300,300 (NZ$430,000) in Q1 2016, vs. just $202,500 (NZ$290,000) in Q1 2015. In addition, the NZX’s funds services bolstered the exchange’s revenues in Q1 2016, justifying a swell of 39.1% YoY to $2.2 million (NZ$3.2 million).
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Markets Overview
The NZX reported its cash markets total trades of 442,181 during Q1 2016, up 39.2% YoY from Q1 2015 – this was also reflective of a jump of 41.5% YoY to 7,370 trades per day in Q1 2016. The value traded in its cash markets was also pointed higher, with total cash markets value coming in at $7.0 billion (NZ$10.0 billion) in Q1 2016, up 9.7% YoY.
Equity transactions were also very heated during Q1 2016, yielding a figure of 433,632 trades, or 39.0% YoY from Q1 2015. Furthermore, the value of equity transactions at the NZX grew to $6.7 billion NZ$9.6 billion during Q1 2016, up 7.9% YoY.
Indices Advance Continues
The NZX’s leading indices managed to continue unabated throughout Q1 2016. During Q1 2016, the NZX 50 Index (15.7% growth YoY), the NZX Portfolio Index (15.0% YoY growth), ANZ A-Grade Bond Index (6.4% YoY growth), and the ANZ All Swap Index (7.9% YoY growth) all finished in positive territory, overtaking the performance of Q1 2015 across the board.
The New Zealand Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (NZX) released its Q1 2016 activity report and financials, which overall secured a healthy growth YoY as it looks to build upon its momentum after closing out the year strong, according to an NZX statement.
Looking at the financials, NZX’s overall group revenue climbed 9.6% to $12.6 million (NZ$18.0 million) during Q1 2016, besting a Q1 2015 figure of $11.5 million (NZ$16.4 million) in Q1 2015. In this space, the largest growth was contributed by the NZX’s agricultural business, namely across its commodities, which climbed 39.0% YoY to $300,300 (NZ$430,000) in Q1 2016, vs. just $202,500 (NZ$290,000) in Q1 2015. In addition, the NZX’s funds services bolstered the exchange’s revenues in Q1 2016, justifying a swell of 39.1% YoY to $2.2 million (NZ$3.2 million).
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Markets Overview
The NZX reported its cash markets total trades of 442,181 during Q1 2016, up 39.2% YoY from Q1 2015 – this was also reflective of a jump of 41.5% YoY to 7,370 trades per day in Q1 2016. The value traded in its cash markets was also pointed higher, with total cash markets value coming in at $7.0 billion (NZ$10.0 billion) in Q1 2016, up 9.7% YoY.
Equity transactions were also very heated during Q1 2016, yielding a figure of 433,632 trades, or 39.0% YoY from Q1 2015. Furthermore, the value of equity transactions at the NZX grew to $6.7 billion NZ$9.6 billion during Q1 2016, up 7.9% YoY.
Indices Advance Continues
The NZX’s leading indices managed to continue unabated throughout Q1 2016. During Q1 2016, the NZX 50 Index (15.7% growth YoY), the NZX Portfolio Index (15.0% YoY growth), ANZ A-Grade Bond Index (6.4% YoY growth), and the ANZ All Swap Index (7.9% YoY growth) all finished in positive territory, overtaking the performance of Q1 2015 across the board.