Client registration on Derivatives Market reduced to a few seconds

Source: Moscow Stock Exchange

From 5 August 2019, Moscow Exchange has implemented an online registration service for new clients on the Derivatives Market. The service is now available for participants of all MOEX’s main markets: the Equity & Bond, FX and Derivatives Markets.
With the rollout of the new service, clients of market participants may gain access to the market and begin trading MOEX’s futures and options in just a few seconds after opening an account via a broker’s or bank’s website. Before the new service was launched, the process took almost 24 hours.    

MIL OSI

Moscow Exchange expands FX Market offering

Source: Moscow Stock Exchange

On 5 August 2019, Moscow Exchange launched trading in the US Dollar/Japanese Yen (USD/JPY) currency pair.
Trades will be settled same day (T+0), next day (T+1) and on T+2 after the trade date. Оvernight and tom-next swaps will be also available.
Тhe currency pair will also be available for OTC trading with tight spreads as part of MOEX’s service to offer users access to global FX liquidity.
Trades in the USD/JPY currency pair will not require full pre-deposit (short selling is prohibited for the T+0 instrument). Yen delivery occurs on the next business day after the trade date, given the time difference between Moscow and Tokyo.
MOEX’s FX Market currently offers trading in 17 currency pairs: USD/RUB, EUR/RUB, CNY/RUB, EUR/USD, HKD/RUB, GBP/RUB, CHF/RUB, TRY/RUB, JPY/RUB, BYN/RUB, KZT/RUB, GBP/USD, USD/CHF, USD/CNY, USD/JPY, USD/KZT and USD/TRY. The global OTC liquidity service allows trading in USD/CNY, USD/TRY, EUR/USD, GBP/USD and USD/JPY.    

MIL OSI

Moscow Exchange Trading Volumes in July 2019

Source: Moscow Stock Exchange

Unless stated otherwise, all figures below refer to performance for July 2019 and all comparisons are with the same period last year.
Total trading volume across Moscow Exchange’s markets was RUB 72.1 trln in July 2019.
The growth leaders were the Equity Market (+54.3%), GCC Repo Market (+53.9%) and Derivatives Market (6.6%), including commodities derivatives (+24.6%). 
Equity & Bond Market
Total trading volumes on the Equity and Bond Markets in July 2019 increased by 17.4% to RUB 2,881.8 bln (July 2018: RUB 2,455.7 bln), hereinafter exclusive of overnight bonds.
Turnover in shares, RDRs and investment fund units added 54.3% and reached RUB 1,207.3 bln, a record high since April 2018 (July 2018: RUB 782.5 bln). The average daily turnover was by RUB 52.5 bln (July 2018: RUB 35.6 bln).
Turnover in corporate, regional and sovereign bonds was RUB 1,674.5 bln (July 2018: RUB 1,673.2 bln). The average daily trading volume (ADTV) was RUB 72.8 bln (July 2018: RUB 76.1 bln).
Seventy-seven new bond issues with a combined value of RUB 1,228.6 bln (of which overnight bonds accounted for RUB 498.0 bln) were placed in July 2019.
Derivatives Market
Derivatives Market volumes increased by 6.6% to RUB 6.5 trln (July 2018: RUB 6.1 trln) or 120.5 mln contracts (July 2018: 104.0 mln), of which 116.9 mln contracts were futures and 3.6 mln contracts were options. ADTV was RUB 284.5 bln (July 2018: RUB 279.2 bln).
Turnover of commodities derivatives grew by 24.6% to RUB 2.4 trln (July 2018: RUB 1.9 trln).
Open interest at the end of the month rose by 34.6% to RUB 609.8 bln (July 2018: RUB 453.2 bln).
Standartised OTC Derivatives Market turnover increased by 12.9% to RUB 30.9 bln.
FX Market
FX Market turnover was RUB 29.6 trln (July 2018: RUB 32.5 trln), with spot trades totaling RUB 5.7 trln and swap trades and forwards totaling RUB 23.9 trln.
The growth leader was the EUR/USD currency pair, adding 61.3% to RUB 1.4 trln (RUB 866 bln in July 2018).
The FX Market’s ADTV was RUB 1,287.0 bln (USD 20.4 bln), compared to RUB 1,478.9 bln (USD 23.5 bln) in July 2018.
Money Market
Money Market turnover was RUB 30.1 trln (July 2018: RUB 30.0 trln). ADTV was RUB 1,309.5 bln (July 2018: RUB 1,363.8 bln).
Total repo transaction volume cleared by the CCP increased by 3.5% to RUB 17.8 trln. The CCP-cleared GCC repo segment turnover amounted to RUB 5.9 trln (growth of 53.9%).
Commodities Markets
Turnover in precious metals (spot and swaps) was RUB 2.8 bln (July 2018: RUB 9.9 bln), of which RUB 2.7 bln (0.94 t)[1] was gold and RUB 45.8 mln (1.41 t) was silver.
The total trading volume of agricultural products (grain and sugar) was RUB 2.2 bln (July 2018: RUB 5.2 bln). ADTV was RUB 94.6 mln (July 2018: RUB 235.0 mln).
 
[1] Trading volumes are given subject to adjustment for erroneous trades by participants.

MIL OSI

Final settlement prices determined for Brent futures (Brent-8.19)

Source: Moscow Stock Exchange

Copyright © Moscow Exchange, 2011 – 2019. All the rights for the information and analytical materials published on this website are protected in compliance with the Russian legislation. Before you start using the website, please read User Agreement carefully. Display, distribution or any other use of the information published on the Exchange’s website or any of its parts is allowed only upon receiving prior written authorization from the Exchange.

MIL OSI

Moscow Exchange will change lot size on the stock market sinсe September 2, 2019

Source: Moscow Stock Exchange

Moscow Exchange will change the lot size on the stock market since September 2, 2019 for the following share:
Security code
Security
ISIN
Lot sizetill 02.09.2019
Lot size since 02.09.2019
ACKO
PJSC “ASKO-STRAKHOVANIE”, cs
RU000A0JXS91
1 000
100
ALBK
PJSC “Best Efforts Bank”, cs
RU000A0JS2M9
100
10
AVAN
“AVANGARD” JSB, cs
RU000A0DM7B3
10
1
CHEP
PJSC “CHELPIPE”, cs
RU0009066807
100
10
CHMF
PAO SEVERSTAL, cs
RU0009046510
10
1
EELT
EUROPEAN ELTECH, cs
RU000A0JWW54
100
10
HIMC
“KHIMPROM” PJSC, cs
RU0009098990
10 000
1 000
IGSTP
IZHSTAL PAO, ps
RU0002155300
10
1
KGKC
PAO “KGK”, cs
RU000A0JP120
100
10
KGKCP
PAO “KGK”, ps
RU000A0JP138
100
10
KMAZ
KAMAZ PTC, cs
RU0008959580
100
10
KZOS
PJSC “KAZANORGSINTEZ”, cs
RU0009089825
100
10
KZOSP
PJSC “KAZANORGSINTEZ”, ps
RU0006753456
1 000
10
LPSB
OAO “LESK”, cs
RU000A0D8MR7
1 000
100
LSNGP
PJSC “LENENERGO”, ps
RU0009092134
100
10
MERF
PJSC MERIDIAN, cs
RU000A0JQ128
1 000
100
MFON
PJSC “MEGAFON”, cs
RU000A0JS942
10
1
MISB
PJSC “TNS ENERGO MARI EL”, cs
RU000A0D8K33
1 000
100
MISBP
PJSC “TNS ENERGO MARI EL”, ps
RU000A0D8K41
1 000
100
NKNC
PJSC “NIZHNEKAMSKNEFTEKHIM”, cs
RU0009100507
100
10
NMTP
PJSC “NCSP”, cs
RU0009084446
1 000
100
NVTK
JSC “NOVATEK”, cs
RU000A0DKVS5
10
1
PAZA
PJSC “PAVLOVO BUS”, cs
RU0009083240
10
1
PRTK
PROTEK, cs
RU000A0JQU47
100
10
RTKMP
PJSC “ROSTELECOM”, ps
RU0009046700
100
10
RU000A0JPY69
MIKHAYLOVSKIY – RENTNYY II, if
RU000A0JPY69
10
1
RU000A0JQUQ5
KAPITAL – 21 VEK, if
RU000A0JQUQ5
10
1
RU000A0JR2C1
VTB-FOND KAZNACHEYSKIY, if
RU000A0JR2C1
100
10
SZPR
PJS “NWSC”, cs
RU0009100861
10
1
TATN
PJSC “TATNEFT”, cs
RU0009033591
10
1
TATNP
PJSC “TATNEFT”, ps
RU0006944147
10
1
UNAC
JSC “UAC”, cs
RU000A0JPLZ7
10 000
1 000
VJGZ
PJSC VARYOGANNEFTEGAZ, cs
RU0009046460
10
1
WTCMP
JSC “WTC MOSCOW”, ps
RU0008137088
1 000
100
YRSB
PJSC “TNS ENERGO YAROSLAVL”, cs
RU000A0D8760
100
10
YRSBP
PJSC “TNS ENERGO YAROSLAVL”, ps
RU000A0D88B3
100
10

MIL OSI

Final settlement price of RUONIA futures contract

Source: Moscow Stock Exchange

Copyright © Moscow Exchange, 2011 – 2019. All the rights for the information and analytical materials published on this website are protected in compliance with the Russian legislation. Before you start using the website, please read User Agreement carefully. Display, distribution or any other use of the information published on the Exchange’s website or any of its parts is allowed only upon receiving prior written authorization from the Exchange.

MIL OSI

New opportunities for participants of Standartised OTC Derivatives Market

Source: Moscow Stock Exchange

On 29 July 2019, MOEX’s Standartised OTC Derivatives Market migrated to the Unified Collateral Pool, allowing securities to be posted as collateral for trades on the market. 
The Unified Collateral Pool model delivers cross-market clearing and offers the following capabilities for participants:
A single trading account to allocate collateral across all MOEX markets;
Unified assets acceptable as collateral;
Lower settlement costs on the back of netting efficiencies on all CCP-cleared markets;
Cross-margining between the markets, resulting in lower margin requirements.
As of the end of June, 53 brokerage firms and banks had opened unified accounts.    
Moscow Exchange’s Standartised OTC Derivatives Market offers trading and clearing for interest rate, FX and cross currency swaps, FX forwards and options with maturities from three days to five years depending on the instrument type. Market participants may benefit from interest on initial margin and deposit margin, low capital costs, low counterparty risk with flexible OTC instrument parameters, and the absence of a requirement to enter into a master agreement and RISDA (commonly used documents for OTC derivatives trades). In 2018, trading volume increased more than sevenfold compared to 2017, to RUB 884 billion. From January to 26 July 2019, trading volume was RUB 359 billion versus RUB 171 billion from January to July 2018.

MIL OSI

Moscow exchange changes the tick size from the 1st of August 2019

Source: Moscow Stock Exchange

To increase the effectiveness of equity market microstructure, MOEX establishes the new tick size and Decimals parameter for the following stocks starting 1st August 2019 in the following trading modes:
Main trading mode Т+ (“Т+2” order book)
Odd lots trading mode
Dark pool trading mode
Equities D — Main trading mode Т+
Negotiated trading mode(NTM)
Equities D (NTM) trading mode
NTM with CCP trading mode
The new approach to setting the tick size was approved by the MOEX Securities Market committee.
The methodology includes:
The tick size equals (1,2,5)*10N, where N – integer;
Increasing the number of price ranges to 25, and the ranges of liquidity – up to 7;
For each liquidity range a recommended range price tick sizes in the spread is established;
The maximum allowed relative tick size – 1%

MIL OSI

Moscow Exchange Trading Volumes in June 2019

Source: Moscow Stock Exchange

Unless stated otherwise, all figures below refer to performance for June 2019 and all comparisons are with the same period last year.
Total trading volume across Moscow Exchange’s markets was RUB 66.1 trln in June 2019.
The growth leaders were the Equity Market (+38.4%) and Bond Market (+13.6%). 
Equity & Bond Market
Total trading volumes on the Equity and Bond Markets in June 2019 increased by 21.1% to RUB 3,065.6 bln (June 2018: RUB 2,530.6 bln), hereinafter exclusive of overnight bonds.
Turnover in shares, RDRs and investment fund units added 38.4% and reached RUB 1,069.7 bln, a record high since April 2018 (June 2018: RUB 773 bln). The average daily turnover increased by 53.0% to RUB 56.3 bln (June 2018: RUB 36.8 bln).
Turnover in corporate, regional and sovereign bonds increased by 13.6% to RUB 1,995.9 bln (June 2018: RUB 1,757.6 bln). The average daily trading volume (ADTV) was RUB 105.0 bln (June 2018: RUB 83.7 bln).
Sixty-nine new bond issues with a combined value of RUB 1,337.6 bln (of which overnight bonds accounted for RUB 377.5 bln) were placed in June 2019.
Derivatives Market
Derivatives Market volumes were RUB 6.4 trln (June 2018: RUB 6.9 trln) or 115.7 mln contracts (June 2018: 116.5 mln), of which 111.4 mln contracts were futures and 4.2 mln contracts were options. ADTV increased by 2.3% to RUB 335.2 bln (June 2018: RUB 327.7 bln) since there were fewer trading days in June 2019 (19) vs. June 2018 (21).
Open interest at the end of the month reached RUB 506.5 bln (June 2018: RUB 417.2 bln).
Standartised OTC Derivatives Market turnover increased by 6.5% to RUB 11.5 bln.
FX Market
FX Market turnover was RUB 24.7 trln (June 2018: RUB 28.3 trln), with spot trades totaling RUB 5.4 trln and swap trades and forwards totaling RUB 19.3 trln.
The FX Market’s ADTV was RUB 1,300.3 bln (USD 20.3 bln), compared to RUB 1,348.5 bln (USD 21.5 bln) in June 2018.
Money Market
Money Market turnover was RUB 27.4 trln (June 2018: RUB 29.5 trln). ADTV was up 2.7% to RUB 1,443.9 bln (June 2018: RUB 1,406.3 bln).
The CCP-cleared repo segment declined by 4.9% to RUB 15.1 trln and the GCC repo segment grew by 55.6% to RUB 6.0 trln.
Commodities Markets
Turnover in precious metals (spot and swaps) was RUB 2.1 bln (June 2018: RUB 8.8 bln), of which RUB 2.1 bln (0.8t) was gold and RUB 7.4 mln (240 kg) was silver.
The total trading volume of agricultural products (grain and sugar) was RUB 3.6 bln (June 2018: RUB 3.9 bln). ADTV was RUB 189.0 mln (June 2018: RUB 187.7 mln).

Contacts for clients+7 (495) 363-3232+7 (495) 232-3363Feedback form

MIL OSI

Final settlement price determined for RUSFAR futures contract

Source: Moscow Stock Exchange

Copyright © Moscow Exchange, 2011 – 2019. All the rights for the information and analytical materials published on this website are protected in compliance with the Russian legislation. Before you start using the website, please read User Agreement carefully. Display, distribution or any other use of the information published on the Exchange’s website or any of its parts is allowed only upon receiving prior written authorization from the Exchange.

MIL OSI