MOEX Moscow Exchange MICEX-RTS PJSC

Moscow Exchange Trading Volumes in January 2022

In January 2022, total trading volumes across Moscow Exchange’s markets grew by 36.5% to RUB 87.2 trln (RUB 63.9 in January 2021).

Almost all major markets recorded growth year-on-year, including the Equity Market (87.4%), Money Market (53.4%), Derivatives Market (43.4%) and FX Market (18.2%). The Standardized OTC Derivatives Market was up 6.6 times and the Precious Metals Market grew 1.6 times.

Equity & Bond Market

Total trading volume on the Equity and Bond Market in January 2022 increased by 62.6% to RUB 5,002.6 bln (January 2021: RUB 3,076.4 bln), hereinafter excluding overnight bonds.

Trading volume in shares, DRs and investment fund units rose by 87.4% to RUB 4,212.4 bln (January 2021: RUB 2,247.5 bln). ADTV grew by 69.6% to RUB 200.6 bln (January 2021: RUB 118.3 bln).

Trading volume in corporate, regional and sovereign bonds was RUB 790.2 bln (January 2021: RUB 828.9 bln). ADTV was RUB 37.6 bln (January 2021: RUB 43.6 bln).

38 new bond issues with a combined value of RUB 361.0 bln (of which overnight bonds accounted for RUB 283.4 bln) were placed in January 2022.

Derivatives market

Derivatives Market trading volume increased by 43.4% to reach a record RUB 16.7 trln (January 2021: RUB 11.6 trln) or 209.8 mln contracts (January 2021: 158.8 mln), of which 205.0 mln contracts were futures and 4.8 mln contracts were options. ADTV was RUB 794.7 bln (January 2021: RUB 612.5 bln).

Open interest at the end of the month increased by 21.1% to RUB 829.2 bln (January 2021: RUB 684.7 bln).

Standardized OTC Derivatives Market trading volume grew 6.6 times and reached RUB 433.6 bln.

FX Market

FX Market trading volume grew by 18.2% to RUB 27.0 trln (January 2021: RUB 22.9 trln), with spot trades totalling RUB 10.0 trln and swap trades and forwards totalling RUB 17.0 trln.

ADTV on the FX Market was RUB 1,286.8 bln (USD 16.8 bln), compared to RUB 1,203.6 bln (USD 16.2) in January 2021.

Money Market

Money Market turnover grew by 53.4% to RUB 37.8 trln (January 2021: RUB 24.6 trln). ADTV was RUB 1,798.9 bln (January 2021: RUB 1,296.0 bln).

The CCP-cleared repo segment added 39.5% to reach RUB 20.6 trln, including the GCC repo segment, which increased by 6.4% to RUB 7.2 trln.

Precious Metals Market

Turnover in precious metals (spot and swaps) was up 1.6 times to RUB 7.9 bln (January 2021: RUB 4.8 bln), of which RUB 7.6 bln (1.7 t) was gold and RUB 0.3 bln (5.3 t) was silver.

About Moscow Exchange

Moscow Exchange (MOEX) operates Russia’s main trading platform for equities, bonds, derivatives, currencies, money market instruments and commodities, and also provides a range of market data and index services. MOEX also provides a full range of post-trade services through its ownership of Russia’s central securities depository (National Settlement Depository) and the country’s largest clearing center (National Clearing Centre), which serves as the central counterparty for MOEX markets. Additionally, MOEX operates the Russian personal finance marketplace finuslugi.ru.

MOEX hosts trading in more than 6,000 financial products. As of year-end 2021, approximately 17 million Russian citizens held brokerage accounts on MOEX, which join thousands of institutions from around the world as MOEX clients.

MOEX shares have traded since February 2013 on the Group’s own platform under the ticker “MOEX”. MOEX has one of the highest free floats of any Russian publicly traded company at approximately 63%. Nearly 60% of the free float is owned by US institutions. Other major shareholders are the Central Bank of Russia (11.8%) and the European Bank for Reconstruction and Development (6.1%), as well as nearly 360,000 Russian individual investors.

EN
02/02/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Moscow Exchange MICEX-RTS PJSC

Raiffeisen Research Institutional Equity Daily 03.06.2022

 WIG20/WIG30 indices review - No change in constituents  AT: OMV - OMV received a binding offer for the acquisition of Borealis' nitrogen business (positive)  Oil&Gas: OPEC+ meeting - OPEC to accelerate oil production in July and August  PL: PKN/Lotos - Lotos and PKN agreed on a share swap ratio, merger finalization aimed for August (neutral/positive)  RU: Moscow Exchange - May trading volumes 5% up yoy, no statistics on account balances (neutral)

Raiffeisen Research Institutional Equity Daily 23.05.2022

 FTSE Index June review - No changes of index constituents in our Coverage Universe  AT: Strabag - Haselsteiner Foundation proposes share buyback resolution to AGM (positive)  CZ: CEZ - CEZ paid for small Gazprom contract in EUR, rumoured to have opened an account with Gazprombank (neutral)  RU: Moscow Exchange - April trading is 8% yoy down, account balances undisclosed (neutral)  RU: Petropavlovsk - A likely initiation of takeover by UMMC (negative)

Raiffeisen Research Institutional Equity Daily 05.04.2022

 AT: Andritz - Andritz to supply Metris platform to Forsyning Helsingor in Denmark (neutral)  AT: PORR - Cartel fine legally binding (neutral)  HR: Podravka - DPS of HRK 13 to be paid to shareholders (positive)  RO: Medlife - Medlife bought 100% of Life Med (positive)  RU: Moscow Exchange - March 2022 statistics: account balances grow 4x yoy and 2.5x mom, the currency split undisclosed; total trading up 71% yoy (positive)

Raiffeisen Research Institutional Equity Daily 31.03.2022

 Oil&Gas: Oil price - A potential announcement of another release of US oil reserves puts pressure on the oil price ahead of today's OPEC meeting  PL: PKN - The 2021 DPS proposal of PLN 3.50 is fully in line with previous guidance and market expectation (neutral)  RU: Fertilisers - Essential goods incl. fertilizers are exempted from any U.S. anti-Russia sanctions (positive)  RU: NLMK - NLMK continues steel supplies to Europe and USA (neutral)  RU: Petropavlovsk - Loan from Gazprombank may ...

Raiffeisen Research Institutional Equity Daily 14.03.2022

 AT: Verbund - Press reports on windfall profit politics, special dividend in discussion (neutral)  CEE: Banks - Deutsche Bank and Commerzbank announced withdrawal from Russia (neutral)  CZ: CEZ - Tender for new block at Dukovany nuclear power plant to be launched this week (neutral)  RU: Russia - Stock market to stay frozen another week (neutral)  RU: Russian Steel - EU bans steel import from Russia (negative)  RU: Russian Steel - Government plans to reduce domestic steel prices by restri...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch