Moscow Exchange Trading Volumes in February 2023

In February 2023, total trading volumes across Moscow Exchange’s markets grew by 1.6% to RUB 83.6 trln (RUB 82.3 January 2023). All comparisons below are with January 2023.

Almost all MOEX markets rose, with the Bond Market (up 76.0%), Equity Market (up 34.3%), Derivatives Market (up 24.2%), FX Market (up 14.6%) and Precious Metals Market (up 6.4%) leading the way.

Equity & Bond Market

Total trading volume on the Equity and Bond Market in February 2022 increased by 55.5% to RUB 2,487.9 bln (February 2023: RUB 1,599.7 bln) hereinafter excluding overnight bonds.

Trading volume in shares, DRs and investment fund units rose by 34.4% to RUB 1,058.6 bln (January 2023: RUB 787.8 bln). ADTV was RUB 55.7 bln (January 2021: RUB 37.5 bln).

Turnover in corporate, regional and sovereign bonds grew by 76.0% to RUB 1,429.3 bln (January 2023: RUB 812.0 bln). ADTV was RUB 75.2 bln (January 2023: RUB 38.7 bln).

59 new bond issues with a combined value of RUB 1,290.7 bln (of which overnight bonds accounted for RUB 532.4 bln) were placed in February 2023.

Derivatives Market

Derivatives Market trading volume grew by 24.2% to RUB 4.3 trln (January 2023: RUB 3.5 trln). ADTV was RUB 228.7 bln (January 2023: RUB 166.5 bln).

FX Market

FX Market trading volume grew by 14.6% to RUB 19.4 trln (January 2023: RUB 16.9 trln). Spot trading volumes increased by 25.2% to RUB 6.9 trln, and swap trades and forwards were RUB 12.5 trln.

ADTV was RUB 1,019.0 (January 2023: RUB 804.8 bln).

Money Market

Money Market turnover was RUB 56.8 trln (January 2023: RUB 59.3 trln). ADTV was RUB 2,990.7 bln (January 2023: RUB 2,825.1 bln).

The CCP-cleared repo segment reached RUB 19.1 trln, including the GCC repo segment which increased by 5.0% to RUB 10.9 trln.

Precious Metals Market

Turnover in precious metals (spot and swaps) added 6.4% to RUB 12.9 bln (January 2023: RUB 12.1 bln), of which RUB 12.4 bln (2.9 t) was gold and RUB 0.5 bln (7.5 t) was silver.