Published On: Tue, Aug 3rd, 2010

NZX Group Operational Report June 2010

NZX published today the Group Operational Report for June 2010. According to it, the total value traded on NZX Securities Markets in June 2010 was $1,716 million, a decrease of 24% as liquidity conditions in New Zealand and globally remain challenging. Total value traded on the Debt Securities Markets was $133 million, an increase of 3% compared to May 2010, predominantly due to an increase in the number of trades less than $50,000 in size, which suggests broader participation in the Debt Market.

The number of real time data terminals increased for the fourth month in a row to 7,335 as onshore and offshore end users of market data, such as commercial and investment banks, continued to increase their focus on markets in New Zealand and Asia Pacific.

Link Market Services continued to perform strongly and added six new issuers in June. This included successful migration of the Auckland International Airport Limited share register (comprised of 54,000 investors holding a mixture of listed and unlisted securities) and the co-operative share register for Silver Fern Farms Limited (which comprises 23,000 Supplier, Rebate and Preference shareholders). Link also recently completed the $150 million hybrid share issue for Kiwibank (Kiwi Capital Securities).

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