Internet brokers pioneer in the provinces

Russia

Russia


What was the leading Russian stock market broker in volume last year – Troika Dialog, Renaissance Capital, UBS? No, it was Alor-Invest, a brokerage little known among foreign investors, yet capable of commanding about an 11% market share of the RTS and Micex combined.

Anatoly Gavrilenkov, chairman of Alor-Invest, explains: “We are a very modest and small company. It’s more of a family business than anything else. Yet despite this, we won first place for volume.

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