The Moscow Exchange released official trading volume numbers today…June volumes rose in Russia across both FX and notably equity instruments, where the stock market recently hit 2014 highs.
As far as the FX market in concerned, turnover was up 26% YoY and 5% MoM to RUB 17,467 bln (June 2013: RUB 13,907 bln) (May 2014: 16.7 bln), including spot trades of RUB 4,868 bln (28% of the total) and swap trades of RUB 12,600 bln (72%).
The FX Market’s average daily turnover was RUB 873 bln (USD 25 bln).