11 Jan 2018 10:45

Trading volume on Moscow Exchange up 4.4% in 2017

MOSCOW. Jan 10 (Interfax) - Total trading volume on Moscow Exchange markets increased 4.4% in 2017 compared with 2016 to 882.6 trillion rubles, the exchange said on its website.

Turnover on the Moscow Exchange equity market rose 48.2% to 35.4 trillion rubles.

Turnover on the bond market rose 79.4% to 11.6 trillion rubles. The main driver of growth was 1-day bonds, up 6.9-fold to 8.3 trillion rubles.

At the same time, trading volume in shares, RDRs and investment fund units was down 1% in 2017 to 9.2 trillion rubles.

Total trade turnover on the money market increased 13.0% to 377.1 trillion rubles.

The FX market saw trading volume increase 5.4% to 347.7 trillion rubles while turnover fell 26.7% to 84.5 trillion rubles on the derivatives market.

In December 2017 alone, total trading volume was 71.5 trillion rubles, up 1.5% on November but 20.2% down on December 2016.

December 2017 had the same number of working days as November with 21 and one less than December 2016 which had 22.

Average daily turnover on the FX market in dollar equivalent was $24.2 billion, up 10.0% on November with $22.0 billion and 7.1% more than in December 2016 with $22.6 billion.

Average daily client balance increased 9.1% in December compared to November but was down 12.9% on December 2016.