Moscow Exchange Sees Increased YoY Income for Q1 of 2018
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Moscow Exchange Sees Increased YoY Income for Q1 of 2018
Russia’s largest exchange group, the Moscow Exchange, has released its financial report for the first quarter of 2018. The exchange saw reasonable year-on-year growth in its net income.
At the end of the first quarter of 2017 the exchange saw a net income of RUB 5 billion ($81 million). This year that figure increased to RUB 5.19 billion ($84 million), representing 3.8 percent in year-on-year growth.
The increase in net income was largely attributable to solid growth of trading volumes in the equities and bond markets. As a result of this growth, income from fees and commissions grew ... (read more)
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