NZX’s Capital Markets Cool Off in April as Volumes Retreat

NZX Limited has reported its monthly shareholder metrics for April 2016, having seen a decrease in volumes MoM from March. Despite the pullback and mixed figures however, every month in 2016 has continued to see a large degree of strength and improvement over its 2015 equivalent, according to an NZX statement.

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.

Delving into NZX’s cash market trading, April 2016 revealed total trades of 142,769, representing a fall of -14.5% MoM from 167,070 trades in March 2016 – however, these volumes were also 46.6% higher YoY from April 2015, as NZ capital engaged in much higher trading this year relative to last. The latest figures also snap a multi-month ascension in trading volumes.

Moreover, the NZX’s average daily trades during April 2016 were reported at just 7,138 trades against 7,953 in March 2016 or -10.2% MoM. The NZX’s total value traded during April 2016 also withered to $4.1 billion, relative to $4.4 billion in March 2015 or -6.8% lower MoM, though 55.1% higher YoY from April 2015.

Equities Halt Monthly Advance

Despite running up a string of consecutive monthly increases in volumes, NZX saw a pullback in April 2016, with total trades declining to 139,551, failing to beat March’s figure of 163,341 trades, en route to a loss of -14.5% MoM. Compared to last year however, April’s volumes were 46.9% higher YoY from April 2015. Finally, equity transaction value traded at the NZX during April 2016 came in at just $3.9 billion, rescinding by a factor of -9.3% MoM from $4.3 billion in March 2016.

The 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’s lone ray of optimism was garnered from its latest shareholder metrics across its indices performance in April 2016. During the month, the NZX 50 Index (17.8% growth YoY), the NZX Portfolio Index (17.6% growth), ANZ A-Grade Bond Index (6.5% growth), and the ANZ All Swap Index (7.9% growth) all finished in positive territory YoY, surpassing the performance of last year in every instance.

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