Moscow Change (MOEX) has disclosed its monetary
efficiency for the month of February 2024, revealing outstanding development in
buying and selling volumes in comparison with the identical interval final 12 months.
In line with the launched information, the full buying and selling volumes
throughout MOEX’s markets surged to RUB 111.4 trillion in February, marking a
substantial improve from RUB 83.6 trillion recorded within the previous 12 months’s February.
Within the Overseas Change (FX) Market, which constitutes a
significant slice of MOEX‘s actions, buying and selling quantity witnessed a strong
enlargement. In February 2024, FX buying and selling quantity reached RUB 27.7 trillion,
displaying a notable surge from RUB 19.4 trillion recorded within the corresponding
interval of the final 12 months.
The breakdown of FX buying and selling actions for February reveals
that spot trades accounted for RUB 10.2 trillion, whereas swap trades and
forwards amounted to RUB 17.5 trillion, underscoring the diversified nature of
buying and selling devices employed on the platform.
Analysts attribute this surge in buying and selling volumes to a number of
elements, together with elevated investor participation, evolving market dynamics,
and geopolitical developments which have influenced forex markets and
funding methods.
MOEX’s Web Revenue Soars to RUB 60.8 Billion in 2023
Earlier, MOEX
revealed its 2023 monetary outcomes, boasting important development in
buying and selling volumes and charge revenue from its FX Market, as reported by Finance Magnates. The web revenue
surged to RUB 60.8 billion, marking a considerable improve from the earlier
12 months.Complete buying and selling volumes on MOEX’s FX Market hit RUB 328
trillion in 2023, up by 22.5% from the 12 months prior. The surge was fueled by a
31.4% rise in swap commerce volumes, with spot volumes additionally growing by 7.5%.
Payment and fee revenue from the FX Market surged 30.4% year-on-year to RUB
7.4 billion.
MOEX attributed the sooner development in charges to shifts in
buying and selling combine and an uneven tariff construction applied in August 2022
favoring liquidity suppliers within the spot market. The change expanded into
digital asset buying and selling, internet hosting major choices and secondary market trades of
digital belongings in 2023. Total, MOEX’s optimistic monetary efficiency noticed a 67.5%
enchancment in internet revenue, reaching RUB 60.8 billion, with whole working
revenue up by 25.3% to RUB 105 billion. Payment and fee revenue escalated by
39.4% to RUB 52.2 billion, constituting 50% of whole working revenue.
Moscow Change (MOEX) has disclosed its monetary
efficiency for the month of February 2024, revealing outstanding development in
buying and selling volumes in comparison with the identical interval final 12 months.
In line with the launched information, the full buying and selling volumes
throughout MOEX’s markets surged to RUB 111.4 trillion in February, marking a
substantial improve from RUB 83.6 trillion recorded within the previous 12 months’s February.
Within the Overseas Change (FX) Market, which constitutes a
significant slice of MOEX‘s actions, buying and selling quantity witnessed a strong
enlargement. In February 2024, FX buying and selling quantity reached RUB 27.7 trillion,
displaying a notable surge from RUB 19.4 trillion recorded within the corresponding
interval of the final 12 months.
The breakdown of FX buying and selling actions for February reveals
that spot trades accounted for RUB 10.2 trillion, whereas swap trades and
forwards amounted to RUB 17.5 trillion, underscoring the diversified nature of
buying and selling devices employed on the platform.
Analysts attribute this surge in buying and selling volumes to a number of
elements, together with elevated investor participation, evolving market dynamics,
and geopolitical developments which have influenced forex markets and
funding methods.
MOEX’s Web Revenue Soars to RUB 60.8 Billion in 2023
Earlier, MOEX
revealed its 2023 monetary outcomes, boasting important development in
buying and selling volumes and charge revenue from its FX Market, as reported by Finance Magnates. The web revenue
surged to RUB 60.8 billion, marking a considerable improve from the earlier
12 months.Complete buying and selling volumes on MOEX’s FX Market hit RUB 328
trillion in 2023, up by 22.5% from the 12 months prior. The surge was fueled by a
31.4% rise in swap commerce volumes, with spot volumes additionally growing by 7.5%.
Payment and fee revenue from the FX Market surged 30.4% year-on-year to RUB
7.4 billion.
MOEX attributed the sooner development in charges to shifts in
buying and selling combine and an uneven tariff construction applied in August 2022
favoring liquidity suppliers within the spot market. The change expanded into
digital asset buying and selling, internet hosting major choices and secondary market trades of
digital belongings in 2023. Total, MOEX’s optimistic monetary efficiency noticed a 67.5%
enchancment in internet revenue, reaching RUB 60.8 billion, with whole working
revenue up by 25.3% to RUB 105 billion. Payment and fee revenue escalated by
39.4% to RUB 52.2 billion, constituting 50% of whole working revenue.
