MOEX FX Market Volumes Soared by 28.6% in March 2022

Moscow Exchange (MOEX), the largest exchange group in
Russia, released its trading metrics for March 2022 on Monday, noting that
trading volumes soared to RUB 154.5 trillion compared to the previous year’s
figures.

According to the report, trading volumes in March 2021 were RUB
90.4 trillion. In March, total trading volume on the equity and bond markets
was RUB 635.3 billion, which is down compared to March 2021 numbers of 4,408.7
billion.

“Trading volume in shares, DRs and investment fund units was
RUB 445.2 bln (March 2021: RUB 2,671.3 bln). ADTV was RUB 74.2 bln (March 2021:
RUB 121.4 bln). Trading volume in corporate, regional and sovereign bonds was
RUB 190.1 bln (March 2021: RUB 1,737.4 bln). ADTV was RUB 21.1 bln (March 2021:
RUB 79.0 bln),” the report highlighted.

Derivatives Market volumes were RUB 2.3 trillion (March
2021: RUB 16.4 trillion) or 26.2 million contracts (March 2021: 221.9 million),
of which 25.2 million contracts were futures and 1.0 million were options. As a
result, the ADTV in March 2021 was RUB 747.0 billion (March 2016: RUB 116.3
billion). End-of-month open interest was RUB 281.1 billion (March 2021: RUB 737.0
billion).

MOEX reported the following about the FX market: “FX Market
trading volume grew by 28.6% to RUB 41.0 trln (March 2021: RUB 31.9 trln), with
spot trades amounting to RUB 8.3 trln and swap trades and forwards totaling RUB
32.7 trln.”

European Association FESE Excludes MOEX

In March, the Federation of European Securities Exchanges
(FESE) became the latest to exclude the Moscow Exchange from its association. “The
Federation of European Securities Exchanges (FESE) utterly condemns the
Russian-led invasion of Ukraine. Our thoughts and unwavering support go out to
the Ukrainian people,” the industry association wrote in its announcement.

The FESE is an industry association that represents
operators of European exchanges and other market segments, including stock
exchanges, financial derivatives, energy and commodity exchanges.

Moscow Exchange (MOEX), the largest exchange group in
Russia, released its trading metrics for March 2022 on Monday, noting that
trading volumes soared to RUB 154.5 trillion compared to the previous year’s
figures.

According to the report, trading volumes in March 2021 were RUB
90.4 trillion. In March, total trading volume on the equity and bond markets
was RUB 635.3 billion, which is down compared to March 2021 numbers of 4,408.7
billion.

“Trading volume in shares, DRs and investment fund units was
RUB 445.2 bln (March 2021: RUB 2,671.3 bln). ADTV was RUB 74.2 bln (March 2021:
RUB 121.4 bln). Trading volume in corporate, regional and sovereign bonds was
RUB 190.1 bln (March 2021: RUB 1,737.4 bln). ADTV was RUB 21.1 bln (March 2021:
RUB 79.0 bln),” the report highlighted.

Derivatives Market volumes were RUB 2.3 trillion (March
2021: RUB 16.4 trillion) or 26.2 million contracts (March 2021: 221.9 million),
of which 25.2 million contracts were futures and 1.0 million were options. As a
result, the ADTV in March 2021 was RUB 747.0 billion (March 2016: RUB 116.3
billion). End-of-month open interest was RUB 281.1 billion (March 2021: RUB 737.0
billion).

MOEX reported the following about the FX market: “FX Market
trading volume grew by 28.6% to RUB 41.0 trln (March 2021: RUB 31.9 trln), with
spot trades amounting to RUB 8.3 trln and swap trades and forwards totaling RUB
32.7 trln.”

European Association FESE Excludes MOEX

In March, the Federation of European Securities Exchanges
(FESE) became the latest to exclude the Moscow Exchange from its association. “The
Federation of European Securities Exchanges (FESE) utterly condemns the
Russian-led invasion of Ukraine. Our thoughts and unwavering support go out to
the Ukrainian people,” the industry association wrote in its announcement.

The FESE is an industry association that represents
operators of European exchanges and other market segments, including stock
exchanges, financial derivatives, energy and commodity exchanges.

Source: https://www.financemagnates.com/institutional-forex/moex-fx-market-volumes-soared-by-286-in-march-2022/