Freedom Finance Global PLC provides all clients with access to trading on the International Trading System (ITS) via the Tradernet trading platform.
As previously reported in the news on October 6: https://ffin.kz/news/30618-freedom-broker-predostavit-dostup-k-torgam-na-its-vsem-klientam
Clients will be able to invest in over 1600 popular American securities primarily listed on the New York Stock Exchanges NYSE and NASDAQ.
Changes in Trading Processes
Gradual
Freedom Finance Global PLC continues to expand the list of instruments available for trading on ITS. Freedom Finance Global PLC provides all clients with access to transactions on the International Trading Station (ITS) through the Tradernet trading platform.
Previously, the company announced this on October 6: https://ffin.kz/news/30618-freedom-broker-predostavit-dostup-k-torgam-na-its-vsem-klientam
Clients will be able to invest in over 1600 popular American securities with primary listings on the New York Stock Exchanges NYSE and NASDAQ.
Changes in Trading Processes
There will be a gradual change of tickers in clients' portfolios: instruments in Tradernet will have their trading tickers changed. For example, the ticker CROX.US will become CROX.ITS. This will only affect the search for securities – now, .ITS tickers must be searched for instead of .US.
Advantages of Transferring Instruments to the New Platform
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Extended Trading Hours: Transactions on ITS will be available from 11:00 AM to 3:00 AM Astana time.
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Trading Days: From Monday to Friday.
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Daytime Trading of American Securities: Investors can trade American securities during local daytime hours when US exchanges are closed.
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Increased Public Interest in Stock Trading: The trading activity might see a rise due to the new platform features.
Note that the start time for trading various instruments on ITS may differ. You can find out more here:
ITS Instruments Trading Schedule
When American exchanges are closed, quality quoting and liquidity of instruments will be provided by market makers, ITS trading participants, and their clients.
At the start of the American pre-market on ITS, the principle of best execution becomes effective. When an investor places an order, for example, to buy stocks, the ITS trading system searches for the best conditions for its execution (price and volume). ITS compares its own conditions with available orders on international platforms (NYSE, NASDAQ, etc.). Consequently, the order is executed at the best possible conditions available at that moment.
- Reduction of Commissions: Freedom Broker clients will not pay the mandatory commission of $1.2 per trading order for securities on ITS.
For Reference
ITS — International Liquidity Hub. The platform provides investors from Kazakhstan and other countries access to thousands of investment products from the global financial market. ITS features stocks and depositary receipts from companies in the USA, Europe, and Asia with primary listings on US exchanges.
The platform ensures deep liquidity for traded securities thanks to a business model based on the best execution principle and smart order routing technology, allowing investors to execute transactions with securities on ITS at the best global market prices and in any volumes.
ITS is created and operates in accordance with the legislation and regulation of the AIFC, which has granted the trading platform a license to operate a Multilateral Trading Facility (MTF).
