MOEX FX Volumes Rebound in December, Paring Recent Decline

by Jeff Patterson
  • In December 2015, the total FX market turnover at MOEX catapulted to RUB 30.9 trillion, up 30.4% MoM.
MOEX FX Volumes Rebound in December, Paring Recent Decline
Bloomberg
Join our Telegram channel

The Moscow Exchange (MOEX) has released its trading volumes for the month ending December 2015, which were characterized by a sizable rebound in its foreign exchange (FX) market turnover, according to a MOEX statement.

During December 2015, the total FX market turnover at MOEX catapulted to RUB 30.9 trillion, up 30.4% MoM from RUB 23.7 trillion in November 2015 – this includes spot trades of RUB 11.0 trillion and swap trades coming in at RUB 19.9 trillion in December 2015. Across a yearly timetable however, the exchange notched a strong growth in its volumes, with December 2015 rising 20.7% YoY from RUB 25.6 trillion in December 2014.

Moreover, MOEX’s FX market’s average daily turnover in December 2015 was $20.2 billion (RUB 1,406.2 billion), which was swelled 18.5% MoM from $18.2 billion (RUB 1,186.2 billion) in November 2015. Compared with last year however, December 2015’s FX market turnover surged 20.8% YoY from RUB 1164.1 billion in December 2014.

Derivatives market volumes also retreated across the board in December 2015, orchestrating a figure of RUB 9.9 trillion for the month – this corresponded to a rise of 6.5% MoM from RUB 9.3 trillion in November 2015. December 2015’s turnover is also higher than the same period in 2014, having registered a climb of 16.5% YoY from just RUB 8.5 trillion in December 2014.

MOEX-Total-Monthly-FX-Turnover-2

The Moscow Exchange (MOEX) has released its trading volumes for the month ending December 2015, which were characterized by a sizable rebound in its foreign exchange (FX) market turnover, according to a MOEX statement.

During December 2015, the total FX market turnover at MOEX catapulted to RUB 30.9 trillion, up 30.4% MoM from RUB 23.7 trillion in November 2015 – this includes spot trades of RUB 11.0 trillion and swap trades coming in at RUB 19.9 trillion in December 2015. Across a yearly timetable however, the exchange notched a strong growth in its volumes, with December 2015 rising 20.7% YoY from RUB 25.6 trillion in December 2014.

Moreover, MOEX’s FX market’s average daily turnover in December 2015 was $20.2 billion (RUB 1,406.2 billion), which was swelled 18.5% MoM from $18.2 billion (RUB 1,186.2 billion) in November 2015. Compared with last year however, December 2015’s FX market turnover surged 20.8% YoY from RUB 1164.1 billion in December 2014.

Derivatives market volumes also retreated across the board in December 2015, orchestrating a figure of RUB 9.9 trillion for the month – this corresponded to a rise of 6.5% MoM from RUB 9.3 trillion in November 2015. December 2015’s turnover is also higher than the same period in 2014, having registered a climb of 16.5% YoY from just RUB 8.5 trillion in December 2014.

MOEX-Total-Monthly-FX-Turnover-2
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}