3Q 2021 Financial Overview
3Q
2021
12%
Derivatives Market
Trading volumes
RUB trn
Volatility index (RVI)
Interest rates
Currencies
Equities
Commodities
Indices
32
32
32
26
23
Standardized OTC derivatives trading volumes
RUB bln
+221.1%
1,117
+16.3%
40.1
37.2
35.5
37.1
31.9
17%
21%
559
24%
30%
18%
345
57%
50%
55%
46%
40%
277
174
3% 3%
3%
3%
4%
24%
23%
26%
26%
26%
3Q 2020
4Q 2020
1Q 2021
2Q 2021
3Q 2021
2Q 2021 3Q 2021
Fee & commission income
RUB mln
+36.2%
1,228
1,239
1,097
1,092
910
3Q 2020
☑
MOSCOW
EXCHANGE
4Q 2020 1Q 2021 2Q 2021 3Q 2021
3Q 2020 4Q 2020 1Q 2021
Comments
Fee income grew 36.2% YoY, while trading volumes improved
16.3% YoY.
■ Trading volumes of commodity contracts surged 92.0% YoY.
■ Index derivatives volumes added 24.6% YoY, while volumes of
single stock derivatives doubled YoY.
■ Trading volumes of FX derivatives decreased by 15.9% YoY.
The share of options in the trading volume mix increased both
YoY and QoQ to 4.3% (from 3.7% in 3Q'20).
The effective fee improved YoY largely due to an advantageous
shift of trading volumes mix in favor of commodities and single
stock derivatives.
50
Source: Moscow ExchangeView entire presentation