Volume of Trading in MICEX Markets Amounted to 175.7 Trillion Rubles
OREANDA-NEWS. January 20, 2011. The MICEX Group has summed up the results of its activities in
In 2010, the MICEX Group continued to work towards the development of the Russian financial market, the improvement of its competitiveness and the creation of an international financial center in
Last year, the MICEX implemented new modes of trading, launched new instruments for qualified investors and improved its listing rules. The MICEX continued to develop the project “The Market for Innovations and Investments (MICEX MII)”, started jointly with RUSNANO Company on the basis of the IGC Sector. Last year’s important events included the placement of foreign issuers’ securities (the bonds of a foreign state, the
In December, the MICEX launched trading in the RMB/RUR currency pair. The MICEX was the first organized market for the yuan outside
In 2010, the MICEX acquired the controlling stake in the Ukrainian stock exchange PFTS. The MICEX’s entry of the CIS markets will contribute to making
In the summer of 2010, the MICEX electronic trading floor “State Procurements” began its full-scale operations across the country. Along with four other auctions, “State Procurements” was selected by the Federal Antimonopoly Service for state and municipal needs. “State Procurements” is implemented on the basis of the MICEX’s up-to-date and reliable soft- and hardware complex, which enables to participate in trading from any Internet access points worldwide.
In the total volume of trading in the MICEX Group’s markets, 45.2% was accounted for by the foreign exchange market and 17.4% – by the government securities market and the money market. The total volume of trading in the MICEX foreign exchange market amounted to 79.5 trillion rubles, the government securities market and the money market accounted for 30.6 trillion rubles.
In 2010, the MICEX stock market showed the highest rate of growth of trading volumes. The total volume of operations on the MICEX Stock Exchange exceeded the previous year’s figure 1.6 times and amounted to 64 trillion rubles. The share of the stock the market in the Exchange’s total volume of trading equaled 36.4%.
At the end of 2010, the MICEX index, comprised of 30 stocks of
Increase in the volume of refinancing operations (repos) confirmed the post-crisis recovery of the market. In the stock market, the volume of repos doubled.
The steady growth of participants’ interest in the derivatives market and customer-oriented activities of the MICEX contributed to the increase in the volume of on-exchange trading in futures. In 2010, the total volume of trading in the MICEX Group’s derivatives market reached 1.5 trillion rubles, a more than 2.3-fold increase against the previous year.
The volume of trading in the MICEX derivatives commodity market amounted to 44.2 billion rubles (in 2009: 45.3 billion rubles). Compared with 2009, the volume of the market in contracts increased by more than 12%. In
On January 5, 2011, HM Revenue and Customs of Great Britain accorded the MICEX Stock Exchange the “Recognised stock exchange” status. This is a sign of international recognition of the MICEX Group. The new status will contribute to the inflow of foreign securities and new investors to the Russian stock market.
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