Moscow Exchange Trading Volumes in November 2021

In November 2021, total trading volumes across Moscow Exchange’s markets grew by 11.7% to RUB 91.0 trln (RUB 81.4 in November 2020).

Growth leaders were the Derivatives Market (44.1%), Equity Market (29.1%) and Money Market (19.2%). The Standardized OTC Derivatives Market was up 9.6 times and Precious Metals Market grew 2.5 times.

Equity & Bond Market

Total trading volume on the Equity and Bond Market in November was RUB 4,683.2 bln (November 2020: RUB 5,289.8 bln), hereinafter excluding overnight bonds.

Trading volume in shares, DRs and investment fund units rose by 29.1% to RUB 3,227.3 bln (November 2020: RUB 2,500.2 bln). ADTV grew by 22.9% to RUB 153.7 bln (November 2020: RUB 125.0 bln).

Trading volume in corporate, regional and sovereign bonds was RUB 1,455.9 bln (November 2020: RUB 2,789.6 bln). ADTV was RUB 69.3 bln (November 2020: RUB 139.5 bln).

77 new bond issues with a combined value of RUB 764.7 bln (of which overnight bonds accounted for RUB 294.5 bln) were placed in November 2021.

Derivatives Market

Derivatives Market volumes increased by 44.1% to reach a record RUB 17.6 trln (November 2020: RUB 12.2 trln) or 223.7 mln contracts (November 2020: 180.8 mln), of which 216.9 mln contracts were futures and 6.8 mln contracts were options. ADTV was RUB 838.0 bln (November 2020: RUB 610.5 bln).

Open interest at the end of the month increased by 41.6% to RUB 1,046.2 bln (November 2020: RUB 738.7 bln).

Standardized OTC Derivatives Market volume grew 9.6 times and reached RUB 234.4 bln.

FX Market

FX Market trading volume was RUB 26.1 trln (November 2020: RUB 27.3 trln) with spot trades amounting to RUB 9.2 trln and swap trades and forwards totaling RUB 16.9 trln.

The FX Market’s ADTV was RUB 1,243.4 bln (USD 17.1 bln), compared to RUB 1,363.6 bln (USD 17.7) in November 2020.

Money Market

Money Market turnover grew 19.2% to RUB 41.9 trln (November 2020: RUB 35.2 trln). ADTV was RUB 1,996.0 bln (November 2020: RUB 1,758.6 bln).

The CCP-cleared repo segment added 17.4% to reach RUB 24.3 trln, including the GCC repo segment, which increased by 1.4% to RUB 7.4 trln.
Precious Metals Market

Turnover in precious metals (spot and swaps) was up 2.5 times to RUB 15.3 bln (November 2020: RUB 6.1 bln), of which RUB 15.1 bln (3.5 t) was gold and RUB 0.2 bln (3.0 t) was silver.