Replies to post #1229 on Freedom Holding Corp (FRHC)

[HMB2010]

http://www.nettrader.ru/

The new shareholder of Nettrader

Timur Turlov, CEO, head of the investment committee of IC "Freedom Finance" acquired 30% of the brokerage company Nettrader, which is one of the largest Russian brokers, increasing the capital of Nettrader companies by 130 million rubles. The second transaction and the increase in the share to 100% is planned in the first half of 2017, and the merger of companies is scheduled for 2018.
This transaction will strengthen the positions of IK "Freedom Finance" among the leading brokers in the Russian stock market and allow the company to enter the 10th rating of "Leading operators by the number of active customers" on the Moscow Stock Exchange.
At the same time, this will allow Nettrader to increase its equity capital in the face of rising demands from the Bank of Russia. All current clients of Nettrader will be able to use the service of personal consultant from IK "Freedom Finance" - this is the support of the investor with relevant and necessary information on the market, constant monitoring of portfolio positions and simple, convenient transactions with daily analytics, recommendations and trade ideas.
All Nettrader investors, over 15 thousand people from more than 1000 settlements in Russia and abroad, will have access not only to the Kazakhstani market, but also access to a unique expertise and analytics on the American stock market. This transaction is part of the strategy for active development of investment business of IK "Freedom Finance" and will improve the quality of customer service through the IT infrastructure of Nettrader. IC "Freedom Finance" expects to receive Nettrader's technological solutions and authorization of internal accounting of procedures for working with clients. In particular, Tradernet trading platform from NETTRADER company has already been successfully integrated by a subsidiary company of IC "Freedom Finance" in Kazakhstan.
Legally, for Nettderder customers nothing will change and there will be no need to sign additional contracts.
The investment company "Freedom Finance" is a professional participant of the securities market with the best expertise in the US stock market in Russia. With an authorized capital of more than 1.3 billion rubles. Laureate of professional community awards. The founders of successful fintech projects - the Freedom24 stock store and the Voskhod investment system.
More details in the latest issue of Kommersant newspaper https://www.kommersant.ru/doc/3283619