Moscow Exchange reports booming securities, FX trade despite economic downturn - EmergingMarkets.me

Moscow Exchange reports booming securities, FX trade despite economic downturn - EmergingMarkets.me:



"Moscow Exchange has reported vast increases in securities and foreign exchange (FX) trade for 2014 despite Russia’s steady movement towards recession that year. 




The bourse’s derivatives and FX markets showed the best performance, the exchange said in a statement in comparing statistics for December 2014 with those for December 2013.



The derivatives market recorded a turnover increase of 137% to 8.5 trillion rubles ($130bn at today’s exchange rate) from 3.6 trillion rubles ($55bn)."



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