MOEX September Forex turnover rises 8.2% MoM to RUB 27.6 trln

Moscow Exchange announced trading volumes for September 2016. Total trading volumes overall for the Russian based exchange increased by 5.7% YoY to RUB 74.6 trln.

FX Market

FX Market turnover was RUB 27.6 trln (September 2015: RUB 34.6 trln, August 2016: RUB 25.5 trln), including spot trades totalling RUB 8.2 trln as well as swap trades and forwards together amounting to RUB 19.4 trln.

The FX Market’s average daily turnover was RUB 1,253.3 bln (USD 19.4 bln) compared to RUB 1,570.6 bln in September 2015.

The Money Market and the Bond Market posted the strongest growth, with volumes increasing by 76.7% YoY and 50.5% YoY, respectively.

Equity and Bond Market

Total trading volumes on the Equity and Bond Market were RUB 2,073.4 bln (September 2015: RUB 1,641.0 bln).

Turnover in shares, RDRs and investment fund units was RUB 710.2 bln (September 2015: RUB 735.4 bln). The average daily turnover was RUB 32.3 bln (September 2015: RUB 33.4 bln).

Turnover in corporate, regional and sovereign bonds was up 50.5% YoY and totalled RUB 1,363.2 bln (September 2015: RUB 905.6 bln). The average daily turnover was RUB 62.0 bln (September 2015: RUB 41.2 bln).

A total of 31 new bond issues with a combined value of RUB 402.9 bln was placed in September.

Derivatives Market

Derivatives Market volumes amounted to RUB 9.7 trln (September 2015: RUB 10.7 trln), or 178.0 mln contracts (September 2015: 173.2 mln contracts), of which 172.1 mln contracts were futures and 5.8 mln contracts were options.

Open interest at the end of the month was RUB 649.2 bln (September 2015: RUB 481.7 bln).

 

Money Market

Money Market turnover increased by 76.7% YoY and totalled RUB 31.6 trln (September 2015: RUB 17.9 trln). The average daily turnover was RUB 1,436.9 bln (September 2015: RUB 813.3 bln).

The volume of repo transactions with the CCP was RUB 17.4 trln (September 2015: RUB 7.4 trln).

Precious Metals Market

Precious Metals Market trading volumes reached RUB 10.3 bln. Turnover was RUB 10.3 bln (3.7t) for gold and RUB 1.8 mln (42.4kg) for silver.

 

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