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Moscow Exchange reported September volumes today and the highest trading volume growth was demonstrated by the derivatives and FX markets, where volumes rose 32.8%, 10% MoM and 28.1% YoY respectively. FX market turnover increased to RUB 18.7 trln which is up 10% MoM and 28.1% YoY (August 2014: RUB 17 trln, September 2013: RUB 14.6 trln), including spot trades of RUB 6.8 trln and swap trades of RUB 11.9 trln. The FX Market”s average daily turnover was RUB 850.3 bln (USD 22.4 bln).
Derivatives Market turnover rose to RUB 5.3 trln (September 2013: RUB 4.0 trln), or 125.3 mln contracts (September 2013: 92.0 mln contracts), of which RUB 5.0 trln were futures and RUB 0.3 trln were options. The growth was mainly driven by increased volumes in FX futures, which were up 118.5% YoY in September to RUB 2.7 trln.
Open interest was RUB 455.6 bln at the end of September (September 2013: RUB 447.1 bln).
Equity & Bond Market
Secondary market turnover in stocks, RDRs, and investment fund units was RUB 762.9 bln (September 2013: RUB 844.1 bln). The average daily turnover was RUB 34.7 bln (September 2013: RUB 40.2 bln).
Secondary corporate, regional, and sovereign bond turnover was RUB 635.6 bln (September 2013: RUB 916.6 bln). The average daily turnover was RUB 28.9 bln (September 2013: RUB 43.6 bln).
A total of 18 new bond issues with a combined value of RUB 103.3 bln were placed in September.
Money Market turnover totalled RUB 18.3 trln (September 2013: RUB 20.4 trln). The average daily turnover was RUB 830.5 bln (September 2013: RUB 972.7 bln).
The volume of repo transactions with the CCP was RUB 2.8 trln. The average daily turnover was RUB 128.4 bln.
Precious Metals Market
Trading in precious metals totalled RUB 2.1 bln. Turnover was 1.2 trln of gold and 8.3 trln of silver. Forty-six organisations participated on the Precious Metals Market, namely 37 banks and nine investment companies. Moscow Exchange”s Precious Metals Market was launched at the end of 2013.