• inside_market_data
  • inside_reference_data
  • buy_side_technology
  • sell_side_technology

london-st-pauls-1
Russian brokers such as BCS and Otkritie have made big pushes in London of late.

BCS Gains FCA Authorization, Launches Brokerage

  • Send
  • Comment
  • Send to Kindle

Russian financial group BCS Prime Brokerage has gained regulatory approval from the UK's Financial Conduct Authority (FCA), and is launching its international brokerage business.

The company has built out new technology for access to Russian and core global markets over the past 18 months, along with hiring a series of directors from companies such as Renaissance Capital, Unicredit, Liquidnet and rival Moscow-headquartered broker Otkritie Capital.

"BCS is committed to building a robust and transparent European business which can provide clients with both cost effective and efficient execution, as well as insightful and quantitative research," says Joseph Dayan, executive director and head of markets. "All members of the team have been hand-picked to maximize our skill set and we are confident that we can deliver a premium service to our global clients."

BCS Financial Group, its parent company, ranks first on the Moscow Exchange for equity and derivatives volumes, and second for foreign exchange volumes.

  • Send
  • Comment
  • Send to Kindle

More from Sell Side Technology

Sign-up for WatersTechnology email newsletters

Register for regular alerts to receive up-to-date news directly into your inbox

Related Articles

Latest Media

Events

Visitor comments Add your comment

  

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions Your comment will be moderated before publication

Submit your comment

Work with us on your Integrated Marketing Campaigns

Do you have bespoke research requirements?

WatersTechnology offers a full range of custom research, surveys, webcasts, video and whitepapers for firms looking to demonstrate thought-leadership through their marketing campaigns and generate sales leads.

waterstechnology-marketing-options

Latest Whitepapers

eagle-whitepaper-jan2014

A data-centric approach to portfolio management

A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....

waterstechnology-whitepaper-intel-july2013

Taking on Tablets: BYOD On The Trading Floor

We have truly entered the Age of Bring Your Own Device, or BYOD. And as with every new era fuelled by innovation, the new challenges are screaming for...