OREANDA-NEWS. According to the Review of Key Indicators of Professional Securities Market Participants published by the Bank of Russia, 2016 Q1 witnessed 18% growth in overall professional securities market participants thus totalling 2.8 million. The number of registered individual investment accounts exceeded 110,000, while the overall trading volume at the Moscow Exchange grew by 52.2% in 2016 Q1 against 2015 Q1.

In the foreign exchange market which accounts for 43% of the exchange trading volume, the growth was enhanced by US Dollar / Russian Ruble transactions, while repos with the central counterparty boosted the money market which accounts for 33% of the exchange trading volume. The derivatives market (which accounts for 17% of the total) experienced almost two-fold growth against 2015 Q1 and reached 35.5 trillion rubles mainly due to FX futures. The stock market with its 8.7% annual growth substantially increased the volumes as regards OFZ secondary trades (+113.4% against 2015 Q1).

OTC market for repo transactions concluded within the master agreement in 2016 Q1 made up 20.5 trillion rubles with two-thirds of them being transactions where professional participants acted as the selling party.

Total assets of professional participants – non-credit financial organisations showed 8.8% growth against the same time last year, and now account for 1.1% of GDP, while the net profit remained at 23.7 billion rubles.

One needs to mention that only 19 companies have their net profit over 100 million rubles, while about one-third of the market is loss-making.