Moscow Exchange sees CNY/RUB volumes grow slightly in February 2016

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading currencies, stocks and derivatives, has just published its detailed operating metrics for February 2016.

LeapRate has already reported that the monthly Forex volumes at the Exchange rose month-on-month in February 2016, whereas the ADV staged a drop. The data released today shed more light on trading activity concerning particular markets and particular instruments.

  • Trading volumes of CNY/RUB (Chinese yuan vs Russian ruble) amounted to RUB 63.3 billion in February 2016, up 2.6% from the RUB 61.7 billion registered in January 2016. CNY/RUB transactions accounted for 0.2% of all FX trades at MOEX in February, a share that is unchanged from January.
  • The most traded FX contract remained USD/RUB, accounting for 84.6% of all FX trading volumes at MOEX in February 2016, up from a share of 84.3% in January. The USD/RUB monthly volume for February 2016 was RUB 25.8 trillion, up 10.2% from the preceding month.
  • EUR/RUB transactions accounted for 12.8% from all FX transactions in February, up from 12.7% in January. The trading volume with this pair was RUB 3.9 trillion, up 11.4% from January 2016 levels.
  • EUR/USD accounted for 2.3% of all FX volumes at MOEX in February 2016, down from a share of 2.8% in January 2016. The trading volume was unchanged at RUB 0.7 trillion.

moex_inside_feb16

You can download the full report by clicking here.

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