Freedom Holding Corp: activities and benefits of Freedom Finance brand
The Russian stock market and its participants have more recently formed in a modern form, and are significantly behind the eminent players. But despite this, there are already successes. Another achievement was the admission of a brokerage company from Russia to the NASDAQ exchange. Starting from October, shares of Freedom Holding Corp, a successful investment holding company, will be presented on a large American market.
In CIS countries the company is known as Freedom Finance. The place of registration is the USA, but it has offices in different countries. The sphere of the corporation’s activity is investments, which include: services of brokers for securities transactions, analysis, study of issues related to investments. Specialists provide comprehensive services for research of market processes, provide professional support for large corporations and banks.
Freedom Holding Corp has offices in Russia, Ukraine, Kazakhstan and Kyrgyzstan. Representative offices have been opened in Germany, Cyprus and Uzbekistan.
The company has long been involved in trading operations on the exchanges of Russia and Ukraine, KASE (Kazakhstan). Freedom CY takes care of support issues at every stage of its operations and provides access to securities markets located in the United States and Europe.
In total, there are 71 offices of Freedom Holding Corp, the employees of which are 1100 specialists from various fields.
The functional division of the holding is an online store, where shares of different companies are located, and Freedom Finance bank. This financial institution holds a leading position in Russia in the field of private investments, and is a leader in Kazakhstan. Here the company provides insurance services under the brand name Freedom Finance Insurance.
Freedom Finance was founded in 2008 and has already established itself on the market. In 2015 it became part of Freedom Holding Corp, which was a new stage of development. Now the company not only provides services to large corporations, but also trains young professionals and publishes specialized magazines.
Before listing on the NASDAQ exchange, the shares of the corporation were placed on OTCQX. The company was on the fifth place in the rating evaluating trading activity, ahead of such giants as Gazprom and Adidas fashion brand.
All reports on Freedom Holding Corp cases are submitted to the U.S. commission, which deals with securities and controls the activities of stock exchanges. The company’s capitalization exceeds $117 million, its assets total $350 million. The corporation manages more than 121 thousand accounts of clients, whose assets are $1.3 billion.
Timur Turlov, Director General of Freedom Finance, made an official statement about participation in trading on the NASDAQ exchange. Now the shares of the company are provided under the FRHC ticker and are ready for large transactions.
