FX trading drives stellar Q3 results at Moscow Exchange, Revenues up 16% YoY and 8% QoQ
Russian exchange operator Moscow Exchange announced Q3 results today, including an 8% quarter-over-quarter rise in Revenues (16% year-over-year) to RUB 7.3 billion (about $153 million), and a 17% QoQ rise in net income (42% YoY) to RUB 4.1 billion ($85 million). Exchange management cited FX trading as the main contributor to growth, as Ruble volatility…
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