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Russian investment holding intends to expand into Azerbaijan's market

Finance Materials 24 June 2024 18:16 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 24. Russian investment holding Finam plans to enter the Azerbaijani market, the president of the holding Vladislav Kochetkov said, Trend reports.

"Finam plans to open up new doors for clients by giving them a taste of the Indian and Malaysian markets down the line. We are bridging the gap between new exchange platforms - bringing together China, Brazil, India, and opening doors to the CIS markets. For example, we are actively considering Azerbaijan in terms of bonds and Belarus, possibly in terms of cryptocurrencies," he said.

To note, Finam is the leader in the Russian brokerage services market. The company holds leading positions in the list of brokers in Russia in terms of turnover, the number of active and registered clients on the Moscow Exchange, and is the leader in the futures and options market by the number of active clients.

However, the company's share on the Russian stock market, based on the latest data, is more than 32 percent, and on the derivatives market, it is more than 40 percent.

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