MOEX’s FX Volumes Rebound Sharply in February

[kreslik.news]

Moscow Exchange (MOEX), Russia’s largest institutional trading venue, has just released its trading volumes for the month ending February 2017, which managed to sustain an upward trend despite a seasonal lull and reduced volatility in markets.

During February 2017, MOEX’s total FX market turnover notched a consecutive monthly growth to RUB 28.9 trillion, climbing by 20.9 percent month-over-month from RUB 23.9 trillion in January 2017 – the latest results helped par some of last month’s collapse in volumes, which largely returned to levels that closed out 2016.

In addition, February 2017’s turnover also included spot trades of RUB 6.2 trillion (RUB 6.2 ... (read more)