Freedom Holding Corp (FRHC)

[HMB2010]

We have completed the consolidation of 100% of Nettrader LLC in May and for us it is a good opportunity to strengthen our positions in the business on the Russian stock market and gain access to more than 16,000 clients to whom we can offer the full range of our investment products and all our Expertise in the trade of both Russian and foreign securities. Also for us, this is the opportunity to strengthen its IT infrastructure through their own development, gain access to their expertise in business automation and become a more "technology" company with a strong development staff.

The purchase of Assyl Invest also gives us access to more than 16,000 customers, which will allow us to obtain a good synergy from cost savings, through properly built-up processes for accounting for electronic document management, the best trading system on the market, the acquisition of qualified employees with experience of running Business within the framework of a similar model.

We still maintain parity between income in Russia and Kazakhstan - the difference in market share: if in Russia, after the expected merger with Nattraider, we are approaching the TOP-10 by the number of clients, in Kazakhstan, in fact, we dominate the retail brokerage market . Both businesses show quite impressive dynamics and we are actually seeing a doubling of most metrics year-on-year over the past few years.

Post #1430 on 7/14/2017 . . . . more stuff I've thrown out there that gets lost in all TT is doing