MOEX Reports Flat FX Turnover in October, Derivatives Continue Slide

[kreslik.news]

Moscow Exchange (MOEX), Russia’s largest institutional trading venue, has released its trading volumes for the month ending October 2017 – the exchange’s total FX volume was able to recover from recent lows but a flat ADV figure ultimately prevented a rebound from last month’s weak performance.

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During the reported month, FX market turnover at MOEX rose 3.4 percent month-over-month to RUB 27.3 trillion ($468 billion) from RUB 26.4 trillion in September 2017. In addition, the figure secured a consecutive yearly growth, ... (read more)