June 7, 2023, Almaty
Freedom Finance Global PLC has gained trading participant status at the new international trading platform, ITS.
Access to trading via this liquidity hub opens new investment opportunities for clients, who will be able to conduct transactions with more than 1600 stocks, depositary receipts, and owners of international ETFs from the US, Europe, and Asia for 16 hours a day, five days a week.
Sergey Lukyanov, Chairman of the Board of Directors of Freedom Finance Global, said:
"The new platform is not a traditional exchange in the classic sense but rather a multilateral trading venue where securities from the US, Europe, and Asia listed on the NYSE, NASDAQ, and HKEX will be represented. The need for such a platform is dictated by time and implies an enhancement of competition in the Kazakhstan stock market. Together with the ITS team, we have done significant joint work to soon give our clients access to its capabilities. Gaining ITS trading participant status is an important step in the development of Freedom Finance Global, aimed at providing brokers with the best service and impeccable trading conditions, which include extended trading hours and unlimited liquidity. This will allow for better diversification of portfolios and successful trading in any market situation."
Chingiz Kanapiyanov, Chairman of the Board at ITS, stated:
"We welcome the clients of the Freedom ecosystem who have gained access to a broad spectrum of global market investment products on the ITS platform. The professionalism of the Freedom team, combined with ITS technologies, gives investors the opportunity to make transactions at the best global market prices and implement various financial strategies. We thank our new partners for their productive cooperation and successful integration of hub technologies into Freedom Finance Global’s investment services."
Reference Information:
Freedom Finance Global PLC is a broker with new capabilities, specializing in serving retail investors. The company is registered in the AIFC, holds a license from AFSA, and operates with elements of English law. Clients of Freedom Finance Global have direct access to exchange operations on international financial markets (NYSE/NASDAQ, London Stock Exchange, HKEX, Frankfurt Stock Exchange), KASE, and AIX, as well as to the most popular and in-demand service of the holding—participation in initial public offerings (IPOs). The company is part of the international investment group Freedom Holding Corp. The holding's shares have been listed (since October 15, 2019) on the Nasdaq Capital Market under the ticker FRHC. The activities of Freedom Holding Corp. are regulated by the Securities and Exchange Commission (SEC, USA).
ITS is an international liquidity hub that allows investors from Kazakhstan and other countries access to thousands of investment products from the global financial market. ITS will feature stocks, depositary receipts, and international ETFs from the US, Europe, and Asia. ITS provides deep liquidity for traded securities thanks to a business model based on the best execution principle and smart order routing technology, allowing investors to conduct transactions with securities on the platform at the best prices of the global financial market and in any volumes. The extended trading session at ITS lasts 16 hours per day, five days a week, from 11:00 AM to 3:00 AM the next day Astana time, covering the operational hours of leading Asian, European, and American exchange platforms. The hub's activities are regulated by the Astana International Financial Center, which has issued it an MTF (multilateral trading facility) license.
Media Contacts:
Ramіna Fakhrutdinova – Advisor to the Chairman of the Board of Directors for PR at JSC "Freedom Finance"
E-mail: [email protected]
ITS Press Service
E-mail: [email protected];
Phone: +7 777 750 00 08