Wednesday, 20 August 2014
Last updated 51 min ago
Sep 29 2010 | 8:35am ET
Russia’s Otkritie Securities has unveiled an ambitious plan to expand its year-old prime brokerage.
Otkritie aims to more than double the number of its U.K. clients from 40 to 100 by the end of next year, roughly doubling its assets to US$2 billion, HFMWeek reports. The firm offers prime brokerage operations in the U.K., Russia, the U.S. and Scandinavia, and execution services in a variety of emerging markets—which will include India beginning next month.
“We are building serious traction in Europe and expect to make rapid progress in the coming months, CEO Roman Lokhov said. “Our aim is to be the leading prime broker for emerging market hedge funds in the world.”
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note