Moscow Exchange’s May 2017 Money Market turnover up 39.6% YoY

Moscow Exchange MOEX
Moscow Exchange’s (MOEX) announced that its total trading volumes amounted to RUB 71.1 trillion in May 2017.

Turnover grew on the Money Market (+39.6% YoY), Equity and Bond Market (exclusive of short-term bonds) (+28.7%), and FX Market (+21.5%).

Equity and Bond Market

Total trading volumes on the Equity and Bond Market grew by 28.7% to RUB 1,946.0 bln (May 2016: RUB 1,511.6 bln), exclusive of short-term bonds.

Turnover in shares, RDRs and investment fund units increased by 8.4% YoY to RUB 737.0 bln. The average daily turnover was RUB 36.8 bln (May 2016: RUB 35.8 bln).

Turnover in corporate, regional and sovereign bonds grew by 45.4% to RUB 1,209.0 bln (May 2016: RUB 831.4 bln), exclusive of short-term bonds that totalled RUB 744.1 bln. The average daily turnover was RUB 97.7 bln (May 2016: RUB 43.8 bln); or RUB 60.5 bln if not considering short-term bonds.

48 new bond issues with a combined value of RUB 1,232.8 bln were placed in May.

Derivatives Market

Derivatives Market volumes amounted to RUB 6.5 trln (May 2016: RUB 7.8 trln), or 125.1 mln contracts (May 2016: 132.2 mln contracts), of which 117.6 mln contracts were futures and 7.5 mln contracts were options.

Open interest at the end of the month increased to RUB 805.1 bln (May 2016: RUB 711.2 bln).

FX Market

FX Market turnover grew by 21.3% to RUB 29.3 trln (May 2016: RUB 24.1 trln), including spot trades totalling RUB 6.4 trln and swap trades and forwards together totalling RUB 22.9 trln.

The FX Market`s average daily turnover was RUB 1,466.0 bln (USD 25.7 bln) compared to RUB 1,270.1 bln (USD 19.3 bln) in May 2016.

Money Market

Money Market turnover increased by 39.6% YoY to RUB 29.7 trln (May 2016: RUB 21.3 trln). The average daily turnover was RUB 1,486.3 bln (May 2016: RUB 1,120.8 bln).

The volume of repo transactions with the CCP was RUB 19.1 trln (May 2016: RUB 11.2 trln).

Commodities Market

Precious metals trading reached RUB 8.2 bln (May 2016: RUB 10.1 bln), of which RUB 8.2 bln (3.6t) was gold and RUB 4.9 mln (158kg) was silver.

The total trading volume of agricultural products (grain and sugar) was RUB ­­­­320.6 mln in May.

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