Moscow Exchange (MOEX) has released its
financial results for November. The exchange witnessed a substantial growth
in
total trading volumes, reaching RUB 126.1 trillion compared to RUB 74.8
trillion in the same period last year, which signifies a gain of
approximately 68.56%.
The Equity and Bond Market reported a
trading volume of RUB 4,683.8 billion, reflecting a notable rise from RUB
3,169.5 billion in November 2022. This figure excludes overnight bonds. Trading
volume in shares, DRs, and investment fund units reached RUB 2,130.9 billion,
with an average daily trading volume (ADTV) of RUB 96.9 billion. The turnover
in bonds amounted to RUB 2,553.0 billion, with an ADTV of RUB 116.0 billion.
November saw the placement of 82
issues valued at RUB 3,205.3 billion, including overnight bonds accounting for
RUB 2,294.1 billion. The Derivatives Market experienced robust trading
activity, reaching RUB 7.4 trillion in November 2023, a significant rise from
RUB 3.1 trillion in the corresponding period last year. ADTV stood at RUB 338.4
billion.
The FX Market showcased remarkable progress,
with a substantial surge in trading volume reaching RUB 35.1 trillion, a
significant leap from the RUB 14.8 trillion recorded in November 2022. This
reflects an impressive growth of approximately 136.48% over the year.
Spot trading volumes amounted to RUB 9.9 trillion, while swap trades and
forwards reached RUB 25.2 trillion. ADTV recorded a notable increase to RUB
1,595.3 billion.
The Money Market witnessed a turnover
of RUB 76.5 trillion, showing substantial growth from RUB 52.4 trillion in
November 2022. ADTV reached RUB 3,479.2 billion. The CCP-cleared repo segment,
including the GCC repo segment, reached RUB 38.5 trillion, with the GCC repo
segment accounting for RUB 22.9 trillion.
The turnover in precious metals,
encompassing spot and swaps, experienced a substantial flow, reaching RUB 50.9
billion in November 2023, marking a remarkable increase of approximately
274.26% compared to RUB 13.6 billion in the same period of the previous year,
November 2022. Gold trading reached RUB 50.1 billion (8.9 tons), and silver
totaled RUB 0.8 billion (11.7 tons).
MOEX’s Q2 2023 Financial Report
Earlier, Finance Magnates reported that MOEX
had exhibited strong financial performance for Q2 2023, witnessing
significant growth in fees and commission income from the forex market,
reaching RUB 1.6 billion, a 39.8% Y-o-Y increase. This surge was driven by a
quarterly uptick of 9.5% in FX trading volume, totaling RUB 66.7 billion.
Despite a 10% dip in overall
operating income, the exchange’s pre-tax profit improved by 46.7% Y-o-Y to RUB
15.1 billion. Fees and commissions income soared by 48.1% Y-o-Y to RUB 11.93
billion, showcasing the exchange’s resilience and growth in various market
segments, including equities, bonds, and money markets. The cost-to-income
ratio also improved by 0.9 percentage points to 28.3%, indicating operational
efficiency.
Moscow Exchange (MOEX) has released its
financial results for November. The exchange witnessed a substantial growth
in
total trading volumes, reaching RUB 126.1 trillion compared to RUB 74.8
trillion in the same period last year, which signifies a gain of
approximately 68.56%.
The Equity and Bond Market reported a
trading volume of RUB 4,683.8 billion, reflecting a notable rise from RUB
3,169.5 billion in November 2022. This figure excludes overnight bonds. Trading
volume in shares, DRs, and investment fund units reached RUB 2,130.9 billion,
with an average daily trading volume (ADTV) of RUB 96.9 billion. The turnover
in bonds amounted to RUB 2,553.0 billion, with an ADTV of RUB 116.0 billion.
November saw the placement of 82
issues valued at RUB 3,205.3 billion, including overnight bonds accounting for
RUB 2,294.1 billion. The Derivatives Market experienced robust trading
activity, reaching RUB 7.4 trillion in November 2023, a significant rise from
RUB 3.1 trillion in the corresponding period last year. ADTV stood at RUB 338.4
billion.
The FX Market showcased remarkable progress,
with a substantial surge in trading volume reaching RUB 35.1 trillion, a
significant leap from the RUB 14.8 trillion recorded in November 2022. This
reflects an impressive growth of approximately 136.48% over the year.
Spot trading volumes amounted to RUB 9.9 trillion, while swap trades and
forwards reached RUB 25.2 trillion. ADTV recorded a notable increase to RUB
1,595.3 billion.
The Money Market witnessed a turnover
of RUB 76.5 trillion, showing substantial growth from RUB 52.4 trillion in
November 2022. ADTV reached RUB 3,479.2 billion. The CCP-cleared repo segment,
including the GCC repo segment, reached RUB 38.5 trillion, with the GCC repo
segment accounting for RUB 22.9 trillion.
The turnover in precious metals,
encompassing spot and swaps, experienced a substantial flow, reaching RUB 50.9
billion in November 2023, marking a remarkable increase of approximately
274.26% compared to RUB 13.6 billion in the same period of the previous year,
November 2022. Gold trading reached RUB 50.1 billion (8.9 tons), and silver
totaled RUB 0.8 billion (11.7 tons).
MOEX’s Q2 2023 Financial Report
Earlier, Finance Magnates reported that MOEX
had exhibited strong financial performance for Q2 2023, witnessing
significant growth in fees and commission income from the forex market,
reaching RUB 1.6 billion, a 39.8% Y-o-Y increase. This surge was driven by a
quarterly uptick of 9.5% in FX trading volume, totaling RUB 66.7 billion.
Despite a 10% dip in overall
operating income, the exchange’s pre-tax profit improved by 46.7% Y-o-Y to RUB
15.1 billion. Fees and commissions income soared by 48.1% Y-o-Y to RUB 11.93
billion, showcasing the exchange’s resilience and growth in various market
segments, including equities, bonds, and money markets. The cost-to-income
ratio also improved by 0.9 percentage points to 28.3%, indicating operational
efficiency.
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- Source: https://www.financemagnates.com//institutional-forex/moexs-november-financial-report-fx-market-surges-with-13648-y-o-y/
