Annual report 2016

successful year

Successful implementation
of the strategy

Details —
the key to success

Moscow Exchange achieved strong financial results in 2016 as the company successfully delivered on its strategy to expand the product offering, grow the domestic investor base and attract more international investors to its markets.
EBITDA, RUB million
EBITDA margin, %
Equity & Bond market
16.2 %
Derivatives market
23.0 %
FX market
6.2 %
Money market
56.2 %
Commodities market
17.9 %
The Group’s updated strategy is focused on achieving this mission. The goals and tasks set out in the strategy support the company’s corporate values. In 2015, the company established four main corporate values, the adherence to which will help achieve the Group’s goals.
Deepening the market
Development of risk and collateral management products
Statement from the Chief Executive Officer
Alexander K. Afanasiev
Moscow Exchange is continuing to successfully execute on the company’s strategy to improve its product offering and technology, introduce new...
Statement from the Chairman of the Supervisory Board
Alexey L. Kudrin
Moscow Exchange is a leader in terms of dividend payments among the world’s...