Freedom Finance Europe Granted EuroCCP Membership
October 27 2022 - 3:15PM
Business Wire
Allows Clients of Freedom Holding’s European
Subsidiary Access to Euroclear
Freedom Holding Corp. (Nasdaq: FRHC) today announced that its
European subsidiary, Freedom Finance Europe, has obtained direct
membership with the European Central Counterparty N.V. (EuroCCP),
one of the three largest counterparties in Europe.
The EuroCCP membership will allow Freedom Finance Europe, a
digital financial services firm, to settle and execute client
orders with Euroclear, the Belgium-based company that specializes
in the settlement of securities transactions.
“EuroCCP membership provides the confidence to our clients that
all trades will settle on the agreed upon price, even if one party
fails to meet its obligations,” said Evgeny Tyapkin, executive
director of Freedom Finance Europe. “This will solidify our
reputation in the European financial market. We are pleased to join
this highly respected company.”
Headquartered in Amsterdam, EuroCCP was established in 2013 to
provide secure and efficient stock clearing and settlement services
across Europe. The company clears stocks, depository receipts, ETFs
and derivatives contracts.
About Freedom Holding: Freedom Holding Corp. provides
financial services, retail financial securities brokerage,
investment counseling, securities trading, investment banking and
underwriting services through its subsidiaries. The company is
incorporated in Nevada and is headquartered in Almaty, Kazakhstan.
The company has a presence in 14 countries, including Cyprus, the
United States, Uzbekistan, the United Kingdom, and Germany. The
company's shares are traded on the Nasdaq Capital Market under the
ticker FRHC.
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Media: Deborah Kostroun Phone: +1 201 403-8185 Email:
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