MOEX FX Volumes Sink in January, Failing to Secure Consecutive MoM Rise

[kreslik.news]

The Moscow Exchange (MOEX) has reported its trading volumes for the January 2015, which saw a pullback in its foreign exchange (FX) market turnover, essentially paring last month’s gains, according to a MOEX statement.

In January 2016, the total FX market turnover at MOEX retreated to RUB 27.7 trillion, falling -10.4% MoM from RUB 30.9 trillion in December 2015 – this includes spot trades of RUB 12.0 trillion and swap trades coming in at RUB 15.7 trillion in January 2016, each lower MoM than their December 2015 counterpart.

When weighed against its 2015 equivalent however, MOEX did manage ... (read more)