The Moscow Exchange 2Q20: trend normalization
smartmoney.oneMovement towards normalization in growth rates of Fee & commission income... which increased by 22% yoy (vs strong 29% yoy in 1Q20) and +1% qoq to ₽8 bln as volatility and trading volume is starting to normalize against 1Q20.Fee income accounted for two thirds of the exchange's operating income, which is close to the 70% target set in the long-term strategy....on the back of diverging fees dynamics qoq. Fee and commission income decreased: -13% qoq to ₽1 bln in the equities market; -5% qoq to ₽1 bln in the FX market; and -24% qoq to ₽0.8 bln in the derivatives market.
Carnegie Moscow Center (Россия): официозный консерватизм. Где место России в мировой волне протестов
Carnegie Moscow Center (Россия): изгнание в тень. Почему короля-освободителя провожают как диктатора