MOEX Reports Record Trading Volumes in International Stocks of RUB 7.6B

by Felipe Erazo
  • The exchange group is currently offering 441 international stocks on its platform.
MOEX Reports Record Trading Volumes in International Stocks of RUB 7.6B
Bloomberg
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Moscow Exchange (MOEX), the largest exchange group in Russia, announced on Monday that trading volumes in international stocks tested a record of RUB 7.6 billion, which is more than 9% of the total equity market trading volume.

According to the press release, across the market, 72,000 trades were settled in MOEX. “We are continually expanding the instrument offering and have enabled investors to trade in the currency of their choice. The number of available securities will exceed 500 this year, with even faster growth planned for next year, plus the addition of new jurisdictions. We are delighted that investors are actively using Moscow Exchange’s robust infrastructure to diversify their investments,” Boris Blokhin, Head of the MOEX Equity Market, commented on the milestone achieved.

So far, 441 international stocks are available for trading in the largest Russian exchange group. Until November 5, the largest volumes were seen in Moderna, Nvidia, Tesla, Pfizer and Qualcomm stocks, MOEX noted.

MOEX October Metrics

As Finance Magnates reported recently, Moscow Exchange unveiled its trading metrics for October 2021, unveiling a decline in total trading volumes across all the markets to RUB 84.9 trillion from RUB 89.7 trillion seen in the same period last year. The leaders for the period were the equity, derivatives, standardized OTC derivatives and precious metal markets. The figures considered were based on 21 trading days.

As a result, the equity market took the lead by 75.6% of the market share in terms of volume, while the derivatives market accounted for 4.5%. Thus, the Forex market trading volume in the exchange group was RUB 24.9 trillion in October, which is down from the figure seen in October 2020 of RUB 29.9 trillion. In September’s report, the trading volume was RUB 25.4 trillion in the forex market space across MOEX, which meant a decline from the number witnessed in September 2020 of RUB 29.9 trillion. Furthermore, MOEX said that spot trades accounted for RUB 6.8 trillion, while swap trades and forwards totalled RUB 18.5 trillion.

Moscow Exchange (MOEX), the largest exchange group in Russia, announced on Monday that trading volumes in international stocks tested a record of RUB 7.6 billion, which is more than 9% of the total equity market trading volume.

According to the press release, across the market, 72,000 trades were settled in MOEX. “We are continually expanding the instrument offering and have enabled investors to trade in the currency of their choice. The number of available securities will exceed 500 this year, with even faster growth planned for next year, plus the addition of new jurisdictions. We are delighted that investors are actively using Moscow Exchange’s robust infrastructure to diversify their investments,” Boris Blokhin, Head of the MOEX Equity Market, commented on the milestone achieved.

So far, 441 international stocks are available for trading in the largest Russian exchange group. Until November 5, the largest volumes were seen in Moderna, Nvidia, Tesla, Pfizer and Qualcomm stocks, MOEX noted.

MOEX October Metrics

As Finance Magnates reported recently, Moscow Exchange unveiled its trading metrics for October 2021, unveiling a decline in total trading volumes across all the markets to RUB 84.9 trillion from RUB 89.7 trillion seen in the same period last year. The leaders for the period were the equity, derivatives, standardized OTC derivatives and precious metal markets. The figures considered were based on 21 trading days.

As a result, the equity market took the lead by 75.6% of the market share in terms of volume, while the derivatives market accounted for 4.5%. Thus, the Forex market trading volume in the exchange group was RUB 24.9 trillion in October, which is down from the figure seen in October 2020 of RUB 29.9 trillion. In September’s report, the trading volume was RUB 25.4 trillion in the forex market space across MOEX, which meant a decline from the number witnessed in September 2020 of RUB 29.9 trillion. Furthermore, MOEX said that spot trades accounted for RUB 6.8 trillion, while swap trades and forwards totalled RUB 18.5 trillion.

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