BCS Financial Group, the largest securities broker on the Moscow Exchange, has been granted access to Euroclear, the world’s largest international central securities depository, through BCS Prime Brokerage Limited.
By using Euroclear, BCS Financial Group will broaden its product offering, enhance its operational efficiency, reduce risks and optimise the costs of trading, settlement and custody services.
BCS anticipates using Euroclear’s services in the European, UK (LSE IOB), US and Russian markets (local equities and government bonds).