Moscow Exchange Trading Volumes in October 2023

In October 2023, total trading volumes across Moscow Exchange's markets grew by 89% to RUB 135.5 trln (RUB 71.7 in October 2022). Unless stated otherwise, all figures below refer to performance for August 2023 and all comparisons are with the same period last year.

In October, volumes grew on all markets: Bond Market and Derivatives Market (up 2.5 times), Equity Market and FX Market (up more than 2 times), and Money Market (up 72.2%). Trading volume on the Precious Metals Market increased 6 times.

Equity & Bond Market

In October 2023, total trading volume on the Equity and Bond Market increased almost 2.5 times to RUB 4,829.5 bln (October 2022: RUB 1,953.6 bln), hereinafter excluding overnight bonds.

Trading volume in shares, DRs and investment fund units grew almost 2 times to RUB 2,241.5 bln (October 2022: RUB 1,008.3 bln). ADTV was RUB 101.9 bln (October 2022: RUB 48.0 bln).

Turnover in corporate, regional and sovereign bonds grew more than 2.5 times to RUB 2,588.0 bln (October 2022: RUB 945.3 bln). ADTV was RUB 117.6 bln (October 2022: RUB 45.0 bln).

80 bond issues with a combined value of RUB 3,395.1 bln (of which overnight bonds accounted for RUB 2,696.6 bln) were placed in October 2023.

Derivatives Market

Derivatives Market trading volume grew 2.5 times to RUB 8.8 trln (October 2022: RUB 3.6 trln). ADTV was RUB 400.0 bln (October 2022: RUB 169.1 bln).

FX Market

Derivatives Market trading volume grew more than 2 times to RUB 32.9 trln (October 2022: RUB 14.9 trln). Spot trading volumes increased by 49.4% to RUB 11.4 trln, and swap trades and forwards were RUB 21.5 trln.

ADTV was RUB 1,494.3 (October 2022: RUB 710.3 bln).

Money Market

Money Market turnover grew 72.2% to RUB 86.3 trln (October 2022: RUB 50.1 trln). ADTV was RUB 3,921.4 bln (October 2022: RUB 2,386.1 bln).

The CCP-cleared repo segment added 35.6% to reach RUB 40.1 trln, including the GCC repo segment which increased more than twofold to RUB 25.9 trln.

Precious Metals Market

Turnover in precious metals (spot and swaps) was up 6 times to RUB 63.8 bln (October 2022: RUB 10.7 bln), of which RUB 62.7 bln (10.7 t) was gold and RUB 1.1 bln (14.3 t) was silver.