Moscow Trade (MOEX) printed its buying and selling metrics for November, reporting its foreign exchange market buying and selling quantity of RUB 14.8 trillion, marginally decrease than the earlier month’s RUB 14.8 trillion. Spot buying and selling actions amounted to RUB 6.4 trillion, whereas the remainder of RUB 8.4 trillion got here from FX forwards .
The month-to-month common each day quantity got here in at RUB 704.3 billion, down from RUB 710.3 billion in October. It got here after the Russian alternate ended the third quarter with a 61.9 % development in charges and commissions revenue within the foreign exchange market.
Ups and Downs of the Market
MOEX is the biggest buying and selling venue in Russia, providing buying and selling providers not solely with foreign exchange but additionally in equities and bond markets, derivatives markets, and the cash markets. Regardless of the marginal stoop within the foreign exchange market, the general buying and selling demand strengthened by 42 % month-over-month. In absolute phrases, November’s complete month-to-month buying and selling quantity got here in at RUB 74.7 trillion in comparison with RUB 71.7 trillion within the earlier month.
Essentially the most vital ahead push for MOEX’s quantity was because of the elevated demand within the equities and bond market. Total, the buying and selling quantity in these two markets elevated by 62.2 % to RUB 3.16 trillion. This determine was at RUB 1.9 trillion within the earlier month.
Particularly, the buying and selling quantity within the bond market grew by 144.4 % to RUB 2.3 billion. The alternate detailed that the buying and selling quantity in shares, DRs, and funding fund items was RUB 859 billion, which got here down from the earlier month’s RUB 1 trillion. The ADV of this market declined from RUB 40.9 billion to RUB 48 billion.
The derivatives market of MOEX additionally witnessed a slowdown as buying and selling quantity declined to RUB 3 trillion from RUB 3.6 trillion in October. The ADTV got here in at RUB 144.6 billion, down from RUB 169.1 billion. In the meantime, the turnover within the cash market grew by 4.5 % to RUB 52.4 trillion. Actions within the treasured steel and commodities markets additionally jumped by 27.7 % and 18.8 %, respectively.
Moscow Trade (MOEX) printed its buying and selling metrics for November, reporting its foreign exchange market buying and selling quantity of RUB 14.8 trillion, marginally decrease than the earlier month’s RUB 14.8 trillion. Spot buying and selling actions amounted to RUB 6.4 trillion, whereas the remainder of RUB 8.4 trillion got here from FX forwards .
The month-to-month common each day quantity got here in at RUB 704.3 billion, down from RUB 710.3 billion in October. It got here after the Russian alternate ended the third quarter with a 61.9 % development in charges and commissions revenue within the foreign exchange market.
Ups and Downs of the Market
MOEX is the biggest buying and selling venue in Russia, providing buying and selling providers not solely with foreign exchange but additionally in equities and bond markets, derivatives markets, and the cash markets. Regardless of the marginal stoop within the foreign exchange market, the general buying and selling demand strengthened by 42 % month-over-month. In absolute phrases, November’s complete month-to-month buying and selling quantity got here in at RUB 74.7 trillion in comparison with RUB 71.7 trillion within the earlier month.
Essentially the most vital ahead push for MOEX’s quantity was because of the elevated demand within the equities and bond market. Total, the buying and selling quantity in these two markets elevated by 62.2 % to RUB 3.16 trillion. This determine was at RUB 1.9 trillion within the earlier month.
Particularly, the buying and selling quantity within the bond market grew by 144.4 % to RUB 2.3 billion. The alternate detailed that the buying and selling quantity in shares, DRs, and funding fund items was RUB 859 billion, which got here down from the earlier month’s RUB 1 trillion. The ADV of this market declined from RUB 40.9 billion to RUB 48 billion.
The derivatives market of MOEX additionally witnessed a slowdown as buying and selling quantity declined to RUB 3 trillion from RUB 3.6 trillion in October. The ADTV got here in at RUB 144.6 billion, down from RUB 169.1 billion. In the meantime, the turnover within the cash market grew by 4.5 % to RUB 52.4 trillion. Actions within the treasured steel and commodities markets additionally jumped by 27.7 % and 18.8 %, respectively.
