MOEX FX Volumes On A Continuous Growth Trajectory, Weak Ruble Cuts Gains

[kreslik.news]

Moscow Exchange (MOEX), Russia’s largest institutional trading venue, has just released its trading volumes for the month ending April 2018, having managed to sustain its continued momentum in light of a more volatile market trading atmosphere.

During April 2018, MOEX’s total FX market turnover again secured a consecutive monthly growth to RUB 31.8 trillion ($507 billion), jumping by 7.4 percent month-over-month from RUB 29.6 trillion ($513 billion) in March 2018. In addition‎, April 2018’s volumes at MOEX were slightly higher than its April 2017 equivalents, as the venue’s FX market turnover rose from RUB 29.9 trillion in the year prior, or ... (read more)