MOEX Reports Mixed Volumes in January 2017, FX Still Down

[kreslik.news]

Russia’s largest trading venue, Moscow Exchange (MOEX), today released its trading volumes for January 2017 which showed improvements in bonds and equities volumes when weighed against its 2016 equivalents, but again failed to negate a downward trend seen across derivatives and forex segments.

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During the reported month, FX market turnover at MOEX slipped -13.7 percent year-on-year to RUB 23.9 trillion ($401 billion) from RUB 27.7 trillion ($465 billion) in January 2016, and also incurring a decline of -22.9 percent month-on-month from RUB 31.0 trillion ... (read more)