Moscow Exchange’s Response to COVID-19

Moscow Exchange (MOEX) announced in a statement today that it is operating as normal amid high volatility and trading volumes.
“The Exchange is taking all necessary measures to ensure operational continuity of its infrastructure during the coronavirus (COVID-19) pandemic,” it says.
MOEX has seen sharply higher trading volumes across all its markets in recent days, both in the number of transactions and in monetary terms.
Strong growth
The Derivatives Market and Equity Market have posted the strongest volume growth rates, according to the Exchange.
From the start of this year through yesterday, average daily trading volume (ADTV) on the Equity Market more than doubled YoY and reached RUB 96.6 billion (960,000 transactions). In March 2020 through yesterday, ADTV hit a record high of RUB 152.5 billion (1.7 million transactions), the statement says.
From the start of this year through yesterday, ADTV on the Derivatives Market grew more than 65% YoY to RUB 543.2 billion. In March 2020 through yesterday, ADTV reached RUB 842.8 billion (2.7 million transaction), it states.
Moscow Exchange’s robust trading, clearing and settlement technologies have proven reliable in the current market conditions. All Group services are fully available to market participants and all systems are operating  as normal, according to MOEX.
Safety measures
MOEX also says that employees have been instructed to work from home to ensure their well-being, as well as to support operational continuity of the company. Employees have all necessary tools and lines open to continue communicating with clients.
“The Exchange is taking all necessary actions on its premises to protect the health of its emploees and to curb coronavirus. It has developed an action plan to ensure continuity of trading processes under a variety of scenarios. Customers are the most important asset for any company. MOEX is in constant touch with market participants and is providing them with consultative and other support to help adapt their business processes to remote operations,” MOEX says.