Volume of cryptocurrency futures traded on Moscow Exchange (MOEX) nears 49 billion rubles

In November, cryptocurrency futures trading volume on the Moscow Exchange (MOEKS) reached a historic high due to strong demand. This news comes as Russia prepares to expand investor access to digital asset derivatives and allow issuers to directly link them to cryptocurrencies.

Record Trading Volume

Cryptocurrency futures trading volume on MOEKS approached 49 billion rubles last month. Russia's largest stock exchange reported that high volatility in cryptocurrency markets contributed to increased interest among qualified Russian investors. The trading platform's press service clarified:

>>>> "As a result, trading volume for such futures in November reached a historic high since the contracts' launch, amounting to 48.7 billion rubles ($636 million)." <<<<

General Market Indicators

According to the TASS news agency, MOEKS also reported that the total trading volume on its derivatives market as of the end of the month reached 11.7 trillion rubles, a 15.8% increase compared to November 2024. The volume of open positions on the exchange-traded derivatives market amounted to more than 2.7 trillion rubles, an increase of 22.7% compared to the same period last year.

Market Participants

More than 135,000 clients traded futures and options on the exchange, with retail clients accounting for almost 55% of the total trading volume on the exchange-traded derivatives market. Commodity futures accounted for the largest share at almost 44%, followed by index and stock derivatives at just over 31%, and currency derivatives at approximately 25%.

Preparing for Growth in Crypto Investments

MOEKS's announcement comes as Russian authorities prepare to fully legalize and regulate crypto investments in the coming months. Significant legislative changes have occurred in the past year, paving the way for further growth in interest in cryptocurrencies and related financial instruments.

In Conclusion

Thus, the record trading volume of cryptocurrency futures on Moscow Exchange underscores the growing interest in digital assets among Russian investors. Given the upcoming regulatory changes, further growth in activity in this market can be expected.