MOEX’s August Volumes Mixed, FX Volumes Stick to Tight Consolidation
- FX volumes drifted slightly lower MoM while derivatives managed to slingshot higher in August.
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), Russia’s largest institutional trading venue, has reported its trading volumes for the month ending August 2016, which showed a tight consolidation in foreign exchange (FX) market turnover relative to the month prior – the latest figures also showed a marginal decline MoM in turnover, unable to get back on track in August, according to a MOEX statement.
Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!
During August 2016, MOEX’s total FX market turnover edged slightly lower to RUB 25.5 trillion, rescinding by a margin of -1.5% MoM from RUB 25.9 trillion in July 2016 – these latest figures underscored a rather muted change during one of the slowest trading months of the calendar year. The consecutive monthly decline also is not surprising, given the lack of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in the summer months.
In addition, August 2016’s turnover also included spot trades of RUB 7.9 trillion (RUB 7.6 trillion in July 2016) and swap trades of RUB 17.6 trillion (RUB 18.2 trillion in July 2016). The latest volumes at MOEX also were lower against their August 2015 equivalents, as the venue’s FX market turnover fell by -19.6% YoY from RUB 31.7 trillion in August 2015.
Volumes Rundown
MOEX’s FX market’s average daily turnover in August 2016 was $17.1 billion (RUB 1,109.7 billion), correlating to a decline of -10.0 YoY from $19.0 billion (RUB 1,232.0 billion) in August 2015.
One positive takeaway from the latest report at MOEX during August was its derivatives market volumes, which performed strongly in August 2016. For August 2016, MOEX yielded a figure of RUB 9.1 trillion for the month – this was reflective of a gain of 16.7% MoM from RUB 7.8 trillion in July 2016. The latest turnover across MOEX’s derivatives business was however lower than August 2015, registering a decline of -22.2% YoY vs. RUB 11.7 trillion in July 2015.
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), Russia’s largest institutional trading venue, has reported its trading volumes for the month ending August 2016, which showed a tight consolidation in foreign exchange (FX) market turnover relative to the month prior – the latest figures also showed a marginal decline MoM in turnover, unable to get back on track in August, according to a MOEX statement.
Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!
During August 2016, MOEX’s total FX market turnover edged slightly lower to RUB 25.5 trillion, rescinding by a margin of -1.5% MoM from RUB 25.9 trillion in July 2016 – these latest figures underscored a rather muted change during one of the slowest trading months of the calendar year. The consecutive monthly decline also is not surprising, given the lack of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in the summer months.
In addition, August 2016’s turnover also included spot trades of RUB 7.9 trillion (RUB 7.6 trillion in July 2016) and swap trades of RUB 17.6 trillion (RUB 18.2 trillion in July 2016). The latest volumes at MOEX also were lower against their August 2015 equivalents, as the venue’s FX market turnover fell by -19.6% YoY from RUB 31.7 trillion in August 2015.
Volumes Rundown
MOEX’s FX market’s average daily turnover in August 2016 was $17.1 billion (RUB 1,109.7 billion), correlating to a decline of -10.0 YoY from $19.0 billion (RUB 1,232.0 billion) in August 2015.
One positive takeaway from the latest report at MOEX during August was its derivatives market volumes, which performed strongly in August 2016. For August 2016, MOEX yielded a figure of RUB 9.1 trillion for the month – this was reflective of a gain of 16.7% MoM from RUB 7.8 trillion in July 2016. The latest turnover across MOEX’s derivatives business was however lower than August 2015, registering a decline of -22.2% YoY vs. RUB 11.7 trillion in July 2015.