Moscow Exchange Reports RUB 81.5 Trillion in Trading Volumes for June 2021

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), the largest exchange group in Russia, has released its financial numbers for June 2021. According to the report, total trading volumes across the exchange’s markets rose by 11.7% to post RUB 81.5 trillion, compared to the figure hit in June 2020 of RUB 72.9 trillion. Markets that took the lead were equities, derivatives, money and Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, with 23.9%, 23.7%, 14.4%, and 5.9%, respectively.

In the same line, total trading volume on the equity and bond market accounted for RUB 3,865.1 billion in June, representing a decrease from RUB 4,118.3 billion tested for the same period last year. “Trading volume in shares, DRs, and investment fund units increased by 23.9% to RUB 2,278.6 bln (June 2020: RUB 1,838.9 bln). ADTV was RUB 103.6 bln (June 2020: RUB 91.9 bln). Trading volume in corporate, regional and sovereign bonds was RUB 1,586.4 bln (June 2020: RUB 2,279.4 bln). ADTV was RUB 72.1 bln (June 2020: RUB 114.0 bln). 87 new bond issues with a combined value of RUB 1,016.9 bln (of which overnight bonds accounted for RUB 229.4 bln) were placed in June 2020,” MOEX noted.

FX Market Performance in June

For the derivatives market, such volumes grew by 23.7% to hit RUB 11.4 trillion or 147.1 million contracts. In addition, the exchange clarified that 143 million of such contracts were futures and 3.4 million were options. In the case of FX markets, MOEX’s report stated: “FX Market trading volume grew by 5.9% to RUB 26.5 trln (June 2020: RUB 25.0 trln), with spot trades amounting to RUB 7.6 trln and swap trades and forwards totaling RUB 18.9 trln. The FX Market’s ADTV was RUB 1,204.6 bln (USD 16.6 bln), compared to RUB 1,251.5 bln (USD 18.1 bln) in June 2020.”

As Finance Magnates reported about financial numbers for May 2021 in MOEX, total trading volumes across its markets rose by 22.5% to RUB 73.3 trillion, compared to May 2020 figures, where it posted RUB 60.6 trillion. The leaders for May were equities with 36.4%, derivatives with 36.1%, while money and FX spot market both accounted for 22.9% and 22.1%, respectively.