The Moscow Exchange is currently going through a period of inactivity. In spite of the government’s statements on a higher level of economic activity in the country, stubborn statistics point to the opposite. According to the latest data, the total trade volume on the Moscow Exchange hit the lowest level in 10 years. Thus, in 2010, only five years ago, the daily trade volume totaled 5-6 billion US dollars against 1 billion US dollars at present. Over recent 30 days, Russian securities trading on the Moscow Exchange came out at 43%. During the same period, the volume of American and global depositary receipt of Russian companies traded on the floors in London, New York, and Hong Kong hit 48%. While, securities trade on the over-the-counter market came out 9%. These figures include a 5% rise in bond trade on the Moscow Exchange in the second quarter of 2015 as well as an 11% drop in share trade. Annually, the trade volume on the Moscow Exchange advanced by 86.7% to the level of 31.7 trillion rubles this August compared to 17 trillion rubles in the reporting period last year. This counts 11.6 trillion rubles for cash transactions and 20.1 trillion rubles for swap transactions. In August 2015, the average daily Moscow Exchange’s turnover hit 1 trillion 508.3 billion rubles that is 23 billion US dollars against 807.8 billion rubles, posted in August 2014. According to the data release, we can state that the Moscow Exchange is gradually evolving into a major floor for foreign exchange from a securities trading center.
