08 July, 2011

The trading volume increase

MICEX Stock Exchange opened trading volumes in securities in June. The trading volume increase, but the proportion of individuals steadily declining and has already reached the lowest level since September 2008. Market participants attribute this increase in the amount and activity of foreign robototorgovli customer Russian brokers.

MICEX Stock Exchange has disclosed to the activity of the bidders in June. The total volume of trading amounted to 7.23 trillion rubles., Which is 9.5% higher than in May and 40% higher than last year. Principal amount secured repo, which accounted for more than 74% of the turnover of the exchange. Compared with the previous month, they increased only by 7.5% - to 5.37 trillion rubles. In the auction mode, the volume of transactions amounted to 1.19 trillion rubles., Exceeded only in May at 1.6%. More significantly increased trading volume in the negotiated deals mode (530 billion rubles., An increase of 39%) and volume of IPOs (139 billion rubles., Increase by 2.7 times).

Leadership at the auction to preserve the "Troika" (turnover of 1.33 trillion rubles.) And Sberbank (1.06 trillion rubles).. At the same time the investment company the main share (1.11 trillion rubles., Or 84%) fell on the share deal. Turnover Savings Bank was more balanced: 42% had to deal in stocks and 41% - to deal with corporate bonds. As a result of six months, "Troika Dialog" and the Savings Bank as the lead in the overall standings with exponents 6.23 trillion rubles, respectively. and 5.3 trillion rubles. With a wide margin in third place belongs to "VTB Capital" (3.67 trillion rubles).. In stock trading, "Troika Dialog" took first place in the six months (5.41 trillion rubles).. Second place goes to "Finam" (2.71 trillion rubles.) Slightly ahead of the Savings Bank (2.62 trillion rubles).. In the corporate bond sector leadership keeps Savings Bank (1.72 trillion rubles).. On second place came IR "Ronin" (1.33 trillion rubles).. Closes the top three "VTB Capital" (1.31 trillion rubles)..

These MICEX show further declines, the proportion of individuals in securities trading. In June, they accounted for only 13.4% of the turnover of the exchange. This is the minimum value for the last three years. Performance was less only in the summer and in September 2008, before the financial crisis. According to the director DB "Opening" Eugene Dankevich, "the volume of transactions on the exchange of individuals is growing, but not too fast." According to the expert, "while their share in turnover is reduced, due to two major trends - the continuing growth of sales of robots and the arrival of new foreign participants." Indeed, the share of nonresidents in the total trading volume in June rose to 42.2%. This is the highest on record (six years). The share of foreign brokers - banks and investment companies with foreign capital - is declining. Currently, they account for 6.5% of total stock trading volume, whereas in the beginning of the year, their share exceeded 8.7%. In the current environment, "more and more non-residents use the services of Russian brokers" - concluded Mr. Dankevich.

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