Moscow Exchange Reports Positive Trading Volumes across Its Markets in May

Moscow Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (MOEX), the largest exchange group in Russia, has released its financial numbers for May 2021. According to the report, total trading volumes across its markets rose by 22.5% to RUB 73.3 trillion, compared to May 2020 figures, where it posted RUB 60.6 trillion. The leaders for May were equities with 36.4%, derivatives with 36.1%, while money and FX spot market both accounted for 22.9% and 22.1%, respectively.

In terms of total trading volume for the equity and bond market, MOEX unveiled that it reached RUB 3,380.7 billion, compared to RUB 5,599 billion that it hit last year. Such figures excluded overnight bonds, the exchange said. Furthermore, trading volume in shares, DRs, and investment funds units grew by 36.4% to RUB 2,162.3 billion. In the same period last year, the figure was RUB 1,585.2 billion.

Also, for Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term market trading volume, the exchange reported that it surged by 22.1% to RUB 25.7 trillion, which represented an increase compared to the figure of RUB 21 trillion in May 2020. Spot trades accounted for RUB 6.3 trillion, while swap trades totalled RUB 19.4 trillion.

Other Volume Figures

“Derivatives Market volumes increased by 36.1% to reach a record RUB 10.4 trillion (May 2020: RUB 7.6 trillion) or 143.4 million contracts (May 2020: 137.3 million), of which 140.4 million contracts were futures and 2.9 mln contracts were options. ADTV was RUB 518.2 billion (May 2020: RUB 400.7 bln). Open interest at the end of the month was RUB 865.6 billion (May 2020: RUB 554.9 billion). Standardized OTC Derivatives Market volume grew 25.1 times and reached RUB 341.5 billion,” Moscow Exchange said in the report about the derivatives market volumes.

Recently, Finance Magnates reported that MOEX added 20 international stocks to trading, including shares from major US-listed companies, such as Western Digital, Zoom, among others. With the inclusion of the new portfolio of international stock products, the Moscow Exchange will reach a total of 144 within its offerings.