Moscow Exchange Reports Flat FX Volumes for November 2017

[kreslik.news]

Moscow Exchange (MOEX), Russia’s largest institutional trading venue, has released its trading volumes for the month ending November 2017 – the exchange’s total FX volume was flat on a monthly basis but a stronger ADV figure ultimately shows mild rebound from last month’s figures.

During the reported month, FX market turnover at MOEX was fairly unchanged month-over-month, coming in at RUB 27.3 trillion ($464 billion) from $468 billion in October 2017. In addition, the figure secured a consecutive yearly growth, jumping by 6.2 percent year-over-year from RUB 25.7 trillion in November 2016.

This month-on-month flat change, however, didn’t prevent the FX market’s ... (read more)