1 / 7

RUB in the e-OTC market

RUB in the e-OTC market. September 2013 Darryl Hooker – Global Head of Emerging Markets. RUB Growth. 1522% increase in the average number of counterparties from Oct 2009 to Jun 2013. Average Daily Volume. 6081% increase in RUB ADV from Oct 2009 to Aug 2013. RUB onshore/offshore split.

liona
Download Presentation

RUB in the e-OTC market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. RUB in the e-OTC market September 2013 Darryl Hooker – Global Head of Emerging Markets

  2. RUB Growth • 1522% increase in the average number of counterparties from Oct 2009 to Jun 2013 Average Daily Volume • 6081% increase in RUB ADV from Oct 2009 to Aug 2013

  3. RUB onshore/offshore split In June 2011, 49% of RUB volume was done offshore. In June 2013, 80% of RUB volume was done offshore.

  4. Market Share Projection E-OTC vs Exchange E-OTC is now 50% of the size of the Exchange in Spot RUB products

  5. EBS’ global presence • EBS connects customers in approximately 50 countries globally • Customers trade RUB on EBS in 27 of these countries. • 60% of bank codes that have entered RUB SSIs have traded RUB

  6. Summary • RUB volumes have increased by 6081% on EBS since 2009. • In August 2013, 80% of the RUB volume was traded offshore. • In Spot RUB products, E-OTC is now 50% of the size of the Exchange. • 40% of bank codes that have entered RUB SSIs haven’t traded RUB. • RTGS • CLS • EBS expects the market to double and then double again on these tipping points….

  7. Contact details: darryl.hooker@ebs.com

More Related