Moscow Exchange Posts Financial Results in 2020

Moscow Exchange(MOEX) recently posted its financial figures for 2020, ending on December 31, indicating a 30.9% YoY increase in the Fee and Commission (F&C) income.

Highlights of Consolidated Results

F&C income came in at RUB 34.3 billion, up 30.9% compared to 2019.

Operating income reached an all-time high of 71% in 2020.

Net Interest Income (NII) dropped 15.3% to RUB 14.2 billion.

Operating expenses growed 8.5%, in line with guidance.

Adjusted net profit reached RUB 25.2 billion, a 13.8% surge compared to 2019.

In FX Market, the F&C income grew 20.5% to RUB 4,276.1 million (2019: RUB 3,547.4 mln). Trading volumes up 3.7% to 328,945.9 bln.

​Most recently, the exchange reported that the number of individuals with a brokerage account on the Exchange has increased by nearly 1.2 million people year-to-date to reach 10 million people​.