Moscow Exchange Continues to See Decline in FX Trading Revenues

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Moscow Exchange Continues to See Decline in FX Trading Revenues

Postby kreslik.news » Tue Aug 08, 2017 11:09 am


Moscow Exchange (MOEX), Russia’s largest institutional trading exchange, has just released its trading revenues for the second quarter ending June 30, 2017, which shows a decline in FX revenues despite an increase in trading volumes.

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The writing was on the wall when the monthly results were announced for July and these results are basically an extension of those. FX market fees and commissions came in at 964.8 million rubles ($16.08 million), down 6.4% year on year. This was despite the fact that ... (read more)
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