The volume of trading in shares and bonds on the NZX jumped in January.
Total trades rose 46 percent to 52,173 in January from the same month last year and the value of trading rose 7.6 percent to $1.4 billion, according to NZX's monthly shareholder metrics.
Equity trades jumped about 48 per cent to 49,859 and the value rose 7 percent to $1.3 billion.
Total debt transactions, which fell in 2011 as activity in the equity market climbed, rose 19.9 percent to 2,314 in January and the value rose 23 percent to $56 million.
Shares of NZX fell 1.1 percent to $2.65 on Friday but have gained 17 percent so far this year.
NZX this week named Singapore-based business consultant Tim Bennett to replace long-serving Mark Weldon as its chief executive, effective May 7.
NZN