The Russian market operator Moscow Exchange Group (MOEX) reported RUB 69.4 trillion in trading volumes, a 19.9% increase MoM (RUB 57.9 in January 2020). Compared to last year, there is a 11.5% rise (RUB 62.3 trillion for February 2019).
Spot FX Market registered the most growth MoM with 60%, followed by Derivatives Market with 40%. Equity Market and Bond Marke marked 16% rise and Money Market 15.7%.
Equity & Bonds Market
The total turnover for equity and bonds markets reached 16% MoM rise, reaching RUB 3,951.4 billion (RUB 3,405.8 billion for January 2020).
In shares, RDRs and investment fund units marked 12.2% MoM growth with RUB 1,683.1 billion (RUB 1,499.5 billion for January 2020), while ADTV reached a 18% increase with RUB 88.6 billion (RUB 75.0 billion for January 2020).
Regional and sovereign bonds increased by almost 16% MoM with RUB 2,269.3 billion (RUB 1,906.4 for January 2020). ADTV grew with 25% MoM, reporting RUB 119.4 billion (RUB 95.3 billion for January 2020).
Seventy-five new bonds issues were placed in February 2020 with total value of RUB 1,561.3 billion (RUB 1,492.0 billion in overnight bonds).
RUB 10.5 trillion (RUB 7.5 trillion for January 2020) are attributed to derivatives and market volumes, marking a 40% growth. Futures contracts account for 173.4 million and options for 6.2 million. ADTV was RUB 550.0 billion, making a 47% MoM increase (RUB 373.7 billion for January 2020).
Open interest at the end of the month amounted to RUB 738.8 billion (RUB 704.1 billion for January 2020).
The total trading volume of the FX market was RUB 24.1 trillion (RUB 20.4 trillion January 2020). Spot trades accounted for RUB 7.2 trillion (up by 60% MoM) and swap trades and forwards to RUB 16.9 trillion. ADTV amounted to RUB 1,270.1 billion (USD 19.9 billion) in comparison to January 2020 when it was RUB 1,022.5 billion (USD 16.5 billion)
The trading volume for the money market grew with 15.7 % MoM, reaching RUB 29.4 trillion (RUB 25.4 trillion for January 2020). ADTV was RUB 1,547.9 billion (RUB 1,269.5 billion for January 2020). The CCP-cleared GCC repo segment trading volume grew by 31.3% MoM to RUB 4.2 trillion.
The trading volume in precious metals (spot and swaps) amounted to RUB 2.4 billion (RUB 2.1 billion for January 2020), 2.3 billion (0.685 t) attributed to gold and RUB 145.2 million (3.974 t) to silver.