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Moscow Exchange Q3 net profit rises by 29.3% to $140.45 mln

The platform’s EBITDA increased by 27.5% to $191.42 mln

MOSCOW, November 3. /TASS/. Net profit of the Moscow Exchange under IFRS for the Q3 of 2022 increased by 29.3% year-on-year to 8.7 bln rubles ($140.45 mln), the trading platform reported on Thursday.

The trading platform's fee and commission income decreased by 14.3% to 8.927 bln rubles ($144.11 mln). "During the quarter, MOEX experienced a decline in trading volumes that translated into F&C income reduction. The decline was mainly due to the contraction of non-resident trading and lower RUB asset price levels," the report said.

The platform’s EBITDA increased by 27.5% to 11.906 bln rubles ($191.42 mln).