88 ETFs Available for After-Hours Trading during Evening Trading, Says MOEX

The Moscow Exchange (MOEX) announced that as of December 30, 2021, the number of exchange-traded funds (ETFs) admitted to after-hours trading on Moscow Exchange has amounted to 88. The evening session on the Equity Market is held from 19:00 and 23:50 Moscow time.

In 2021, all Russian-law ETFs managed by asset management including BCS, Dokhod, Ingosstrakh Investments, Otkritie, VTB Capital Asset Management, Tinkoff Capital and MKB Investments were admitted to after-hours trading. All ETFs managed by FinEx Funds and ITI Funds were admitted to after-hours trading in Autumn 2020.

MOEX will add new ETFs available for evening trading and plans to start admitting ETFs and Russian-law ETFs to pre-market trading. The exchange notes that pre-market and evening trading allows asset management companies to significantly expand the audience for their investment instruments. The share of retail investors' transactions in the total evening trading volume of the Equity Market now accounts for 60%.

ETFs are one of the most popular instruments among retail and institutional investors worldwide. Today, there are nearly 8,500 ETFs with a combined net asset value of USD 9.7 trillion in global markets. 

In January-November 2021, total trading volume in ETFs was RUB 525.4 billion, the total net asset value was RUB 287.8 billion and over 3 million retail investors traded ETFs in 2021. ETFs are now held by 2.7 million retail investors.

Shortly before, MOEX has released the trading schedule for its international assets for 2022 public holidays​.