MOEX Reports Q3 2016 Financial Metrics, FX Revenue Down YoY

[kreslik.news]

Moscow Exchange (MOEX) has reported its financial metrics for Q3 2016 ending September 30, 2016, which were emblematic of lagging results across the board, according to a MOEX statement.

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The Q3 financial release follows on the heels of last week’s volumes report that showed a step back across its derivatives and foreign exchange (FX) business, despite last month’s brief climb, with volumes declining by a margin of -6.2 percent MoM.

MOEX saw a period of weak earnings in Q3 2016, which were ... (read more)