BCS Financial Group

BCS Financial Group (Russian: Компания БКС) is a Russian financial service company.[1] It was established in 1995.[2]

BCS Financial Group
TypeLimited liability company
Founded1995
Headquarters
Novosibirsk
,
Russia
WebsiteOfficial website

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. "Siberian-born brokerage BCS out to crack Wall Street". IntelliNews. Retrieved 28 August 2017.
  4. "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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