Moex FX volumes ticked 52% higher in December
FX saw an average daily turnover of $21 billion in December 2014, higher than the same month of 2013
The Moscow Exchange (Moex) saw foreign exchange volumes increase by 52% on a year-on-year basis in December, making it the most active market segment, along with derivatives contracts, which saw a 137% uptick compared with the same month of 2013.
Total FX turnover hit RUB 25.6 trillion, compared with RUB 16.9 trillion in December 2013, including spot trades of RUB 10 trillion and swap trades of RUB 15.7 trillion. Average daily turnover was RUB 1.164 billion, against RUB 803.4 billion for the
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