Translation. Region: Russian Federation –
Source: Moscow Exchange – Moscow Exchange –
An important disclaimer is at the bottom of this article.
The total volume of transactions on the Moscow Exchange derivatives market at the end of February 2026 amounted to 12.4 trillion rubles (12.5 trillion rubles in February 2025). The volume of open positions on the exchange-traded derivatives market increased by 12% over the month, reaching over 2.8 trillion rubles (2.5 trillion rubles in February 2025).
In February, 146,000 individuals (3.3% of the February 2025 figure) or 205,000 accounts (7.8% of the February 2025 figure) conducted futures and options transactions on the Moscow Exchange. Individuals accounted for 54.8% of the total exchange-traded derivatives trading volume.
Commodity derivatives retain their leadership in terms of the volume of transactions by private investors: 61.4% of the volume of transactions by individuals in February was in commodity futures and options, 23.6% in currency derivatives, and 15% in index and stock derivatives.
The top 10 most popular instruments among individuals by transaction volume in February included quarterly futures on silver (SILV) and gold (GOLD), futures on the US dollar-Russian ruble (Si) and Chinese yuan-Russian ruble (CNY) currency pairs, natural gas contracts (NG), quarterly futures on the Moscow Exchange Index (MIX), Brent oil futures (Br), perpetual contract on the Chinese yuan-Russian ruble currency pair (CNYRUBF), futures on the RTS Index (RTS) and perpetual futures on the US dollar-Russian ruble exchange rate (USDRUBF).
The evening trading session accounted for 17% of total trading volume on the derivatives market. Morning trading in February accounted for 4.8% of total trading volume. Weekend trading volume on the derivatives market amounted to 450 billion rubles.
The commodities segment retained its leadership in terms of client transaction volume on the Moscow Exchange derivatives market in February, and average daily trading volumes for a number of instruments also set new all-time highs. For example, the average daily trading volume of silver mini-futures (SILVM) reached 7.4 billion rubles. The previous record high was 5.9 billion rubles, set in January 2026. Average daily trading volume of gold futures denominated in rubles (GL) reached 3.9 billion rubles, compared to the previous high of 3.3 billion rubles, set in September 2025.
Also, amid price fluctuations on global markets, the average daily trading volume of cocoa futures (COCOA) increased to 3.6 billion rubles. The previous high was 2.4 billion rubles, recorded in January 2026.
The total average daily trading volume of Bitcoin and Ethereum index futures exceeded 2.2 billion rubles in February. The previous high was 1.6 billion rubles, recorded in December 2025.
Moscow Exchange Derivatives Market Moscow Exchange is a leading derivatives trading platform in Russia and Eastern Europe, combining advanced infrastructure, reliability, and guarantees, as well as state-of-the-art futures and options trading technologies. Today, the Moscow Exchange derivatives market trades 41 stock options, 3 currency options, a gold option, an index option, and over 160 futures contracts and options on them, with underlying assets including stock indices, stocks, currency pairs, precious and industrial metals, oil, gas, and other commodities, as well as interest rates.
Contact information for media: 7 (495) 363-3232PR@moex.com
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.