MOSCOW, Dec 20 (Reuters) - Trading volumes on Moscow Exchange, Russia's largest bourse, surpassed 1 quadrillion roubles ($14.44 trillion) for the second year running, it said on Monday, in part due to enhanced repo operations turnover.
Markets faced unprecedented challenges," said Yuri Denisov, head of MOEX Group, which runs the Moscow Exchange.
"Since the beginning of 2022, the total trading volume has passed the 1-quadrillion-rouble mark.
Moscow Exchange halted some trading shortly after Russia sent tens of thousands of troops into Ukraine and Western sanctions wrought havoc on Russian markets.
Now, much like its rival SPB Exchange , Moscow Exchange is looking to markets away from the West for development in 2023.