MOEX Reports March 2015 Volumes, Notches Consecutive Monthly Gain

The 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) 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.

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.