Moscow Exchange (MOEX) has just released its market report for the month of September 2018.
Total trading volume across Moscow Exchange’s markets was RUB 71.1 trln in September 2018.
Turnover grew on the Bond Market (+30.6%), Equity Market (+18.5%), Derivatives Market (+4.2%), and FX Market (+2.6%).
Equity and Bond Market
Total trading volumes on the Equity and Bond Market in September 2018 increased by 26.1% to RUB 2,600.9 bln (September 2017: RUB 2,063.3 bln), hereinafter exclusive of overnight bonds.
Turnover in shares, RDRs and investment fund units rose by 18.5% and amounted to RUB 909.2 bln (September 2017: RUB 767.4 bln). The average daily turnover was RUB 45.5 bln (September 2017: RUB 36.5 bln).
Turnover in corporate, regional and sovereign bonds grew by 30.6% to RUB 1,691.7 bln (September 2017: RUB 1,295.9 bln). The average daily trading volume (ADTV) was RUB 84.6 bln (September 2017: RUB 61.7 bln).
34 new bond issues with a combined value of RUB 1,492.7 bln (of which overnight bonds accounted for RUB 606.9 bln) were placed in September 2018.
Derivatives Market volumes increased by 4.2% to RUB 7.6 trln (September 2017: RUB 7.3 trln) or 121.5 mln contracts (September 2017: 138.2 mln), of which 115.7 mln contracts were futures and 5.8 mln contracts were options. ADTV was RUB 379.0 bln (September 2017: RUB 346.3 bln).
Open interest at the end of the month reached RUB 445.8 bln (September 2017: RUB 703.7 bln).
FX Market turnover added 2.6% to reach RUB 27.1 trln (September 2017: RUB 26.4 trln, August 2018: RUB 31.4 trln), including spot trades increasing by 8.5% to RUB 7.1 trln and swap trades and forwards together totaling RUB 20.0 trln.
The FX Market’s ADTV was RUB 1,357.0 bln (USD 20.0 bln), compared to RUB 1,259.5 bln (USD 21.8 bln) in September 2017.
Money Market turnover was RUB 31.3 trln (September 2017: RUB 39.6 trln). ADTV was RUB 1,567.5 bln (September 2017: RUB 1,887.3 bln).
Total repo transaction volume cleared by the CCP increased by 9.4% to RUB 24.1 trln.
Total turnover in precious metals (spot and swaps) amounted to RUB 9.9 bln (September 2017: RUB 17.3 bln), of which RUB 9.8 bln (3.7 t) was gold and RUB 28.9 mln (936.3 kg) was silver. ADTV of the precious metals market was RUB 493.7 mln (September 2017: RUB 822.9 mln).
The total trading volume of agricultural products (grain and sugar) was increased sevenfold to RUB 5.6 bln (September 2017: RUB 0.8 bln). ADTV was RUB 280.3 mln (September 2017: RUB 36.5 mln).