December proved to be a strong month for Moscow Exchange, as the volume of repo transactions within the exchange’s CCP reached a record of of 853 billion rubles, and total turnover on the exchange increased 24% year over year in December to 46.6 trillion rubles.
For derivatives, turnover rose from 3.3 trillion rubles in December 2012 to 3.6 trillion in December 2013, and included 83.9 million contracts in December 2013 compared to 75.8 million the previous year.
Meanwhile, FX market turnover shot up from 10.6 trillion rubles to 16.9 trillion during that same period. The FX market’s average daily turnover was 803 billion rubles.
Repo on Moscow Exchange CCP Reaches Record
December proved to be a strong month for Moscow Exchange, as the volume of repo transactions within the exchange's CCP reached a record of of 853 billion rubles, and total turnover on the exchange increased 24% year over year in December to 46.6 trillion rubles.
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