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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)