Moscow Exchange Trading Volumes in January 2016

Moscow Exchange (ticker: MOEX) announces trading volumes for January 2016. The FX Market and Derivatives Market posted the strongest growth, with volumes increasing 94.6% and 157.1% YoY, respectively. Money Market rose 42.3% YoY and secondary bond trading volumes increased by 128.2% YoY.

Equity & Bond Market

Secondary market turnover in stocks, RDRs and investment fund units was RUB 685.9 bln. (January 2015: RUB 724.4 bln). The lower total trading volumes are attributable at least in part to fewer trading days than last year (19 trading days in January 2015 vs 18 in January 2016). The average daily turnover was RUB 38.1 bln in January 2016, the same as last year.

Secondary corporate, regional and sovereign bond turnover was RUB 624.1 bln (January 2015: RUB 273.5 bln). The average daily turnover was RUB 34.7 bln (January 2015: RUB 14.4 bln).

A total of 6 new bond issues with a combined value of RUB 102.3 bln were placed in January.

Derivatives Market

Derivatives Market volumes were RUB 10.6 trln (January 2015: RUB 4.1 trln), or 166.6 mln contracts (January 2015: 73.9 mln contracts), of which 161.1 mln contracts were futures and 5.5 mln contracts were options.

Open interest at the end of the month was RUB 707.8 bln (January 2015: RUB 633.0 bln).

FX Market

FX Market turnover reached RUB 27.7 trln (January 2015: RUB 14.3 trln), including spot trades of RUB 12.0 trln and swap trades of RUB 15.7 trln.

The FX Market's average daily turnover was RUB 1,541.4 bln (USD 19.7 bln) compared to RUB 750.5 bln in January 2015.

Money Market

Money Market turnover increased by 42.3% YoY and totalled RUB 18.3 trln (January 2015: RUB 12.9 trln). The average daily turnover was RUB 1,016.3 bln (January 2015: RUB 676.4 bln).

The volume of repo transactions with the CCP was RUB 7.1 trln (January 2015: RUB 2.0 trln), with the average daily turnover increased 3.7 times YoY to RUB 396.3bln.

Precious Metals Market

Trading volumes on the Precious Metals Market increased 5.7. times YoY to RUB 11.8 bln. Turnover was RUB 11.8 bln (4.2 t) for gold and RUB 5.4 mln (150.4 kg) for silver.

For further information, please contact the Public Relations Department at (495) 363-3232.