Stock Brokers in Russia

In order to invest in the Russian stock market, you should find a reliable broker with a dealer or broker license from the Federal Financial Markets Service (Russia). BrokerCreditService (BCS) is one of the leading stock brokers in Russia, with main focus on the provision of high-quality brokerage services on the Russian stock market for private and institutional investors both from Russia and abroad.

Established in 1995, BCS is the leading national DMA equity and derivatives broker in Russia. The company is able to execute transactions at leading European bourses and U.S. stock exchanges, such as the Chicago Mercantile Exchange (CME), the New York Mercantile Exchange (NYMEX), the New York Stock Exchange (NYSE), the Chicago Board of Trade (CBOT), the National Association of Securities Dealers Automated Quotation (NASDAQ) system, and the American Stock Exchange (AMEX).

In 2004 BCS became a shareholder of the two major Russian stock exchanges, the Moscow Interbank Currency Exchange (MICEX) and the Russian Trading System (RTS).

In 2005, a subsidiary of BCS Group, BrokerCreditService (Cyprus) Limited became a member of the London Stock Exchange (LSE) with access to the International Order Book (IOB), the LSE trading service for trading international securities in the form of depositary receipts (DRs).

BCS has received one of the most prestigious awards of the Russian business community, the national business prize "The Best Company of the Year - 2006" in the nomination "The Investment House of the Year".

* Next: Stock Exchanges in Russia

Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

Popular posts from this blog

Advantages & Disadvantages of Reducing Balance Method

Advantages of Reducing Balance Method of Depreciation (also known as diminishing balance method, written down value method or reducing installment method): 1. Simplicity and Ease of Use One of the main advantages of the Reducing Balance Method is its simplicity. The method requires only a basic understanding of how to calculate depreciation using the fixed percentage rate applied to the asset's book value. Once the initial cost of the asset and the depreciation rate are determined, it is relatively straightforward to calculate the depreciation expense for each period. This simplicity makes it easy for accountants and businesses to apply this method, particularly when dealing with multiple assets. Moreover, as the method doesn’t require complex estimations of residual values or changes in useful life, businesses can easily calculate depreciation year over year, providing a clear and consistent framework for accounting. This also simplifies financial reporting and compliance with
Read more

Advantages and Disadvantages of Swaps

A swap is a financial derivative instrument that involves the exchange of a series of cash flows between two parties over a specified period. Typically, swaps are used to manage risk, particularly interest rate and currency risk, by converting variable cash flows into fixed ones or vice versa. Swaps can also be employed to align liabilities with revenues, hedge against fluctuations in commodity prices, or manage exchange rate risk. The two most common types of swaps are interest rate swaps and currency swaps, although other variations such as commodity swaps and equity swaps also exist. Swaps have grown in popularity due to their ability to offer more customized solutions compared to traditional financial instruments such as futures, options, or forwards. Despite their advantages, swaps also come with certain risks and drawbacks, which must be carefully considered before entering into such contracts. Below, we explore both the advantages and disadvantages of swaps in more detail. Adv
Read more

How to Calculate Debenture Interest

Debenture is a liability instrument with a fixed rate of interest, and the holders of debenture are considered as creditors of the limited company. Interest on debentures is calculated at a fixed rate of interest on the face value (not on the issue price), and is charged to Profit and Loss Account. Note that such interest must be paid to the debenture holders even if the company is not making a profit or incurring losses. Nature of Debentures Debentures are long-term debt instruments issued by companies, typically with a fixed interest rate and a set maturity date. They are a key tool for companies looking to secure funding without diluting ownership, as debentures do not confer any equity rights to the holders. Instead, debenture holders act as creditors, and their claims on the company are generally subordinate to other types of liabilities such as bank loans or trade payables. Debentures are classified as unsecured or secured. Secured debentures are backed by a specific asset or se
Read more