MOEX Recordsdata 33% Make larger in February Trading Volume: RUB 111.4 Trillion
Moscow Replace (MOEX) has disclosed its financial
efficiency for the month of February 2024, revealing valuable convey in
trading volumes when in contrast to the equivalent length perfect year.
In maintaining with the launched knowledge, the total trading volumes
exact by strategy of MOEX’s markets surged to RUB 111.4 trillion in February, marking a
colossal enhance from RUB 83.6 trillion recorded within the earlier year’s February.
In the Abroad Replace (FX) Market, which constitutes a
vital fragment of MOEX‘s actions, trading quantity witnessed a sturdy
enlargement. In February 2024, FX trading quantity reached RUB 27.7 trillion,
showing a famous surge from RUB 19.4 trillion recorded within the corresponding
length of one of the best year.
The breakdown of FX trading actions for February reveals
that effect of dwelling trades accounted for RUB 10.2 trillion, while swap trades and
forwards amounted to RUB 17.5 trillion, underscoring the diversified nature of
trading instruments employed on the platform.
Analysts attribute this surge in trading volumes to several
components, including increased investor participation, evolving market dynamics,
and geopolitical inclinations that beget influenced currency markets and
funding strategies.
MOEX’s Rating Income Soars to RUB 60.8 Billion in 2023
Earlier, MOEX
printed its 2023 financial outcomes, boasting vital convey in
trading volumes and payment profits from its FX Market, as reported by Finance Magnates. The fetch profit
soared to RUB 60.8 billion, marking a colossal uptick from the earlier
year.Entire trading volumes on MOEX’s FX Market hit RUB 328
trillion in 2023, up by 22.5% from the year prior. The enhance was as soon as fueled by a
31.4% rise in swap trade volumes, with effect of dwelling volumes furthermore rising by 7.5%.
Price and payment profits from the FX Market surged 30.4% year-on-year to RUB
7.4 billion.
MOEX attributed the sooner convey in bills to shifts in
trading mix and an asymmetric tariff structure utilized in August 2022
favoring liquidity suppliers within the effect of dwelling market. The alternate expanded into
digital asset trading, net webhosting predominant choices and secondary market trades of
digital resources in 2023. General, MOEX’s definite financial efficiency seen a 67.5%
convey in fetch profit, reaching RUB 60.8 billion, with total working
profits up by 25.3% to RUB 105 billion. Price and payment profits escalated by
39.4% to RUB 52.2 billion, constituting 50% of total working profits.
Moscow Replace (MOEX) has disclosed its financial
efficiency for the month of February 2024, revealing valuable convey in
trading volumes when in contrast to the equivalent length perfect year.
In maintaining with the launched knowledge, the total trading volumes
exact by strategy of MOEX’s markets surged to RUB 111.4 trillion in February, marking a
colossal enhance from RUB 83.6 trillion recorded within the earlier year’s February.
In the Abroad Replace (FX) Market, which constitutes a
vital fragment of MOEX‘s actions, trading quantity witnessed a sturdy
enlargement. In February 2024, FX trading quantity reached RUB 27.7 trillion,
showing a famous surge from RUB 19.4 trillion recorded within the corresponding
length of one of the best year.
The breakdown of FX trading actions for February reveals
that effect of dwelling trades accounted for RUB 10.2 trillion, while swap trades and
forwards amounted to RUB 17.5 trillion, underscoring the diversified nature of
trading instruments employed on the platform.
Analysts attribute this surge in trading volumes to several
components, including increased investor participation, evolving market dynamics,
and geopolitical inclinations that beget influenced currency markets and
funding strategies.
MOEX’s Rating Income Soars to RUB 60.8 Billion in 2023
Earlier, MOEX
printed its 2023 financial outcomes, boasting vital convey in
trading volumes and payment profits from its FX Market, as reported by Finance Magnates. The fetch profit
soared to RUB 60.8 billion, marking a colossal uptick from the earlier
year.Entire trading volumes on MOEX’s FX Market hit RUB 328
trillion in 2023, up by 22.5% from the year prior. The enhance was as soon as fueled by a
31.4% rise in swap trade volumes, with effect of dwelling volumes furthermore rising by 7.5%.
Price and payment profits from the FX Market surged 30.4% year-on-year to RUB
7.4 billion.
MOEX attributed the sooner convey in bills to shifts in
trading mix and an asymmetric tariff structure utilized in August 2022
favoring liquidity suppliers within the effect of dwelling market. The alternate expanded into
digital asset trading, net webhosting predominant choices and secondary market trades of
digital resources in 2023. General, MOEX’s definite financial efficiency seen a 67.5%
convey in fetch profit, reaching RUB 60.8 billion, with total working
profits up by 25.3% to RUB 105 billion. Price and payment profits escalated by
39.4% to RUB 52.2 billion, constituting 50% of total working profits.
