The Moscow Exchange (MOEX) has just reported its trading volumes for the month ending March 2015, yielding $388.6 billion (RUB 22.0 trillion) in monthly FX market turnover, according to a MOEX statement.
The fresh trading volumes follow on the heels of a strong month in February, which saw volumes surging 37% MoM to $346 billion (RUB 19.6 trillion), helping allay a lackluster start to the year for MOEX.
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For the month ending March 2015, total FX market turnover at MOEX came in at $388.6 billion (RUB 22.0 trillion), jumping 12.2% MoM from February 2015. Over a yearly timeframe however, March 2015’s volumes actually fell -4.3% YoY from $406.3 billion (RUB 23 trillion) in March 2014.
In particular, during March 2015, MOEX reported $132.6 billion (RUB 7.5 trillion) in spot trades and $254.6 billion (RUB 14.4 trillion) in swap trades. Finally, average daily turnover at MOEX for the month ending March 2015 came in at $17.4 billion.