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BCS Financial Group

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BCS Financial Group
Company typeLimited liability company
Founded1995
Headquarters,
Russia
WebsiteOfficial website Edit this at Wikidata

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

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

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