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Moscow Exchange today announced trading volumes for October 2016. Total exchange trading volumes increased by 5.5% YoY to RUB 70.8 trln. The FX market cooled off both MoM and YoY.
The Money Market posted the strongest growth, with volumes increasing by 59.4% YoY. Open interest on the Derivatives market grew 32.1% YoY to RUB 728.4 bln.
FX Market turnover was RUB 25.9 trln this month (October 2015 down 15.6%: RUB 30.7 trln, September 2016 down 6.1%: RUB 27.6 trln), including spot trades totalling RUB 7.1 trln as well as swap trades and forwards together amounting to RUB 18.7 trln.
The FX Market average daily turnover was RUB 1,232.0 bln (USD 19.7 bln) compared to RUB 1,395.1 bln in October 2015.
Equity and Bond Market
Total trading volumes on the Equity and Bond Market were RUB 1,686.5 bln (October 2015: RUB 2,197.6 bln).
Turnover in shares, RDRs and investment fund units was RUB 632.6 bln (October 2015: RUB 838.7 bln). The average daily turnover was RUB 30.1 bln (October 2015: RUB 38.1 bln).
Turnover in corporate, regional and sovereign bonds totalled RUB 1,053.9 bln (October 2015: RUB 1,358.9 bln). The average daily turnover was RUB 50.2 bln (October 2015: RUB 61.8 bln).
A total of 27 new bond issues with a combined value of RUB 186.6 bln was placed in October.
Derivatives Market volumes amounted to RUB 7.2 trln (October 2015: RUB 10.1 trln), or 131.6 mln contracts (October 2015: 173.6 mln contracts), of which 126.5 mln contracts were futures and 5.1 mln contracts were options.
Open interest at the end of the month was RUB 728.4 bln (October 2015: RUB 551.2 bln).
Money Market turnover increased by 59.4% YoY and totalled RUB 31.8 trln (October 2015: RUB 20.0 trln). The average daily turnover was RUB 1,515.0 bln (October 2015: RUB 907.4 bln).
The volume of repo transactions with the CCP was RUB 18.6 trln (October 2015: RUB 8.6 trln).
Precious Metals Market
Precious Metals Market trading volumes reached RUB 10.2 bln. Turnover was RUB 10.2 bln (4t) for gold and RUB 2.0 mln (56,9 kg) for silver.