Boris Blokhin, Head of the MOEX Equity Market, said: We are continually expanding the instrument offering and have enabled investors to trade in the currency of their choice. The number of available securities will exceed 500 this year, with even faster growth planned for next year, plus the addition of new jurisdictions. We are delighted…
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Post-trade revenue also registered growth with 86.2% increase to €83.1 million, attributed to the consolidation of the Italian CSD, Monte Titoli, and of the clearing activities of the Italian CCP, CC&G. Custody and settlement revenue in the Nordic CSDs also registered some growth, reflecting normalised levels of retail activity. Revenue from clearing increased to EUR…
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Trading volume in RDRs, shares, and investment fund units increased by 7.21% MoM to RUB 3,019.6 billion (Septeber 2021: RUB 2,816.4 billion). ADTV went up by 12.34 % MoM to RUB 143.8 billion (September 2021: RUB 128 billion). 86 new bond issues with a total value of RUB 811.3 billion (of which overnight bonds accounted…
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Regarding micro products ADV, Micro E-mini futures and options registered ADV of 2.1 million, accounting for 38.8% of overall Equity Index ADV. Micro WTI Crude Oil futures were 2.5% of overall Energy ADV and Micro Bitcoin futures accounted for 0.5% of overall Equity Index ADV. CME Group noted that ADV outside the US grew 36%…
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Operating income was increased 18.2% YoY and F&C income accounted for a record 75% of operating income. Yury Denisov, Chief Executive Officer of Moscow Exchange, said: MOEX has delivered fee and commission income growth significantly ahead of our strategic targets. Key drivers of this growth include the roll-out of new products and instruments, the expansion…
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LSEG also reported an increase demand for data analytics and post-trade services. Data & Analytics revenue grew 6% and post trade revenue jumped 11.5%. The post trade income reached 218 million for the third quarter, 2.3% higher than the same period the previous year. David Schwimmer, CEO said: The Group has delivered a strong Q3…
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Earlier this year, Moscow Exchange has been extending trading hours for market participants. Since March, MOEX’s FX, Precious Metals and Derivatives Markets opened at 7am and closed at 23:50 Moscow time. The exchange made available after-hours trading on Bond Market in September. Clients of the exchange are able to test the morning hours on their…
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In September, demand elsewhere decreased, with agriculture, equities, and metal derivatives ADV falling both in the month and the quarter. However, CME revealed that interest rate ADV helped to push its overall demand higher. September saw interest rate ADV increase 58% to 7.66 million contracts, with the Secured Overnight Financing Rate (SOFR) hitting a record…
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Denisov has been in the role of Chairman of the Executive Board at MOEX since May 16, 2019. Chairman of the Moscow Exchange Supervisory Board, Oleg Viyugin, commented: In accordance with best corporate governance practices, the Supervisory Board of Moscow Exchange considered re-electing the head of the Exchange well in advance of the expiry of…
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Elsewhere, SGX said its commodity derivatives were the standout performer due to price swings and supply chain issues continuing to impact physical markets. The entire commodity derivative volume, including iron ore (which SGX says is a macroeconomic proxy for China), climbed 10% year-over-year to 2.6 million contracts. In addition, forward Freight agreements (FFA) volume surged…
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