BCS Financial Group

BCS Financial Group
Limited liability company
Founded 1995
Headquarters Novosibirsk, Russia
Website Official website Edit this at Wikidata

BCS Financial Group (Russian: Компания БКС) is one of the leading financial service companies in Russia.[1] It was established in 1995.[2]

The group was established by Oleg Mikhasenko in Novosibirsk and was originally known as BrokerCreditService.[3] Initially focusing on retail banking activities, by the mid-2000s it started competing with Moscow-based brokers.[3] By 2013 it was the largest trader of equities and derivatives on the Moscow Exchange.[4][5] BCS launched Russia's first dark pool trading system.[6]

In 2013 the group moved its emerging market operations from Cyprus to London.[4] In 2016 it was assigned a B- long-term credit rating by Standard & Poor's.[7]

References

  1. ↑ Wright, Chris. "The Case For Investing In Russia". Forbes. Retrieved 28 August 2017.
  2. ↑ "BCS Financial Group: Private Company Information". Bloomberg. Retrieved 28 August 2017.
  3. 1 2 "Siberian-born brokerage BCS out to crack Wall Street". IntelliNews. Retrieved 28 August 2017.
  4. 1 2 "Russia's BCS wins UK regulatory approval". Financial Times. Retrieved 28 August 2017.
  5. ↑ "Top Market Participants Equities and funds: Main Trading Mode T+". Moscow Exchange. Retrieved 28 August 2017.
  6. ↑ Cave, Tim (10 June 2013). "Broker Plans Russia's First Dark Pool". WSJ. Retrieved 28 August 2017.
  7. ↑ "S&P revised its outlook on BCS Holding International Ltd. to stable from negative and affirmed its 'B-/C' long- and short-term counterparty credit ratings". cbonds.com. Retrieved 28 August 2017.
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