FX trading volumes at Moscow Exchange increase by a further 12.2% in March

Russia’s prominent trading venue, Moscow Exchange, continues to go from strength to strength, with the announcement today of its trading volumes for March 2015 demonstrating a further 12.24% increment over February’s robust figures.

FX Market turnover increased to 22.0 trln rubles compared to the 19.6 trillion rubles achieved in February, which is a remarkable achievement considering that February’s FX turnover was 37% higher than that of January.

Compared to last year, the figures for March 2015 are slightly down on March 2014, a month in which trading volumes amounted to: RUB 23.0 trln.

March 2015’s figure includes spot trades of RUB 7.5 trln and swap trades of RUB 14.4 trln.

The FX Market’s average daily turnover in March was RUB 1,045.7 bln (USD 17.4 bln) compared to RUB 1,030.7 billion (USD 15.9 billion) in February 2015.

In March this year, the  Money Market and Derivatives Market at Moscow Exchange saw the highest levels of activity, with volumes increasing 25.0% and 21.3% YoY respectively.


For the official announcement from Moscow Exchange, click here.

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