Moscow Exchange FX volumes drop to RUB 25.9 trillion in July

Moscow Exchange (MCX:MOEX) has announced that its total trading volumes increased by 12.3% YoY to RUB 65.7 trln in July 2016.

The Money Market posted the strongest growth, with volumes increasing 52.4% YoY.

Equity & Bond Market

Secondary market turnover in shares, RDRs and investment fund units was RUB 656.9 bln (July 2015: RUB 689.3 bln). The average daily turnover was RUB 31.3 bln in July 2016 (July 2015: RUB 30.0 bln).

Secondary corporate, regional and sovereign bond turnover totaled RUB 974.3 bln (July 2015: RUB 1,110.9 bln). The average daily turnover was RUB 46.4 bln (July 2015: RUB 48.3 bln).

A total of 15 new bond issues with a combined value of RUB 231.8 bln was placed in July.

Derivatives Market

Derivatives Market volumes increased by 3.3% and amounted to RUB 7.8 trln (July 2015: RUB 7.6 trln), or 139.6 mln contracts (July 2015: 139.8 mln contracts), of which 134.6 mln contracts were futures and 5.0 mln contracts were options.

Open interest at the end of the month was RUB 600.4 bln (July 2015: RUB 571.0 bln).

FX Market

FX Market turnover was RUB 25.9 trln (July 2015: RUB 28.8 trln), including spot trades totaling RUB 7.6 trln as well as swap trades and forwards together amounting to RUB 18.2 trln.

The FX Market’s average daily turnover was RUB 1,232.0 bln (USD 19.2 bln) compared to RUB 1,250.5 bln in July 2015.


Money Market

Money Market turnover increased by 52.4% YoY and totalled RUB 25.1 trln (July 2015: RUB 16.5 trln). The average daily turnover was RUB 1,194.6 bln (July 2015: RUB 715.6 bln).

The volume of repo transactions with the CCP was RUB 13.2 trln (July 2015: RUB 5.5 trln), while the average daily turnover increased 2.6 times YoY to RUB 629.8 bln. The volume of GCC repo transactions totalled RUB 55.7 bln in July 2016, and RUB 144.3 bln since the launch of the instrument in February 2016.

Precious Metals Market

Trading volumes on the Precious Metals Market was RUB 10.2 bln. Turnover was RUB 10.2 bln (3.7 t) for gold and RUB 9.7 mln (213.5 kg) for silver.

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