Freedom Holding Corp (FRHC)

[HMB2010]

The One the Financial 04.28.2017 13:02
CEO of investment company "Freedom Finance" Timur Turlov buys Nettrader broker, said on its website the brokerage company.

"Timur Turlov, General Director, Head of Investment Committee IC" Freedom Finance "has acquired 30% Nettrader brokerage companies that are among the largest Russian brokers, increasing capital Nettrader companies for 130 million rubles. The second stage of the transaction and increase its stake to 100% is planned for the first half of 2017, and the merger is scheduled for 2018, "- said in an official statement on the matter.

"Freedom Finance" at the expense of transactions to access the database Nettrader investors, which is more than 15 thousand people from more than 1,000 localities in Russia and abroad. Another advantage is to strengthen the market position and the ability to get into the top ten brokers in the number of active clients Mosbirzhi.

Nettrader benefit from association with the "Freedom Finance" is to build equity in terms of growth requirement of the Bank of Russia.

"IC" Freedom Finance "expects to receive technological solutions Nettrader and authorization of internal accounting Customer procedures. In particular, the trading platform from Tradernet Nettrader companies have already successfully integrated subsidiary of IR "Freedom Finance" in Kazakhstan. Legally, nothing will change for Nettrader customers and will not have the need to sign an additional agreement "- follows from the release.

https://fomag.ru/news/ik-fridom-finans-priobretaet-brokerskuyu-kompaniyu-nettrader/