IFG “GLENIC-M” became an official listing-partner of Deutsche Börse.
Open Joint-Stock Company «INVESTMENT FINANCIAL GROUP" GLENIC-M "has signed with Deutsche Börse AG working agreement as the listing-partner of this exchange.
Open Joint-Stock Company “IFG” GLENIC-M” having the given official status, becomes a conductor on Deutsche Börse for the Russian issuing companies. The company plans to involve, consult and accompany the interested Russian companies within the limits of listing process on Deutsche Börse. This step will allow the company to expand its activity on the foreign financial market.
According to experts of "GLENIC-M", listing-partner service will be claimed as soon as possible by the market as for many Russian companies’ placement of securities on Deutsche Börse means access to favorable European investment assets and it opens new possibilities of financing.
The agreement was signed in the framework of German Investment Forum (on November, 9-11th, 2009) in Frankfurt am Main. Deutsche Börse AG and Development bank KfW were organizers of the forum. This forum is the largest platform in Europe in the field of joint-stock financing.
According to the President of OJSC “IFG” GLENIC-M” Andrey Shmakov, this agreement corresponds to logic of development of the company within the limits of its policy on attraction of foreign investments into Russian economy. This event became quite expected continuation of development of cooperation of GLENIC Group with foreign exchange platforms. In July of this year company "GLENIC-M" signed the similar agreement with the Warsaw stock exchange.
OJSC «INVESTMENT FINANCIAL GROUP" GLENIC-M " was created in 2003. OJSC “IFG” GLENIC-M” is the core of Group GLENIC in the Russian Federation. The basic directions of operation of the company: rendering of services of investment character, consultation services concerning assets management, foreign trade activities in monetary and credit system sphere, including creation of financial and industrial groups, banks.
Deutsche Börse AG — is one of the largest exchanges of Europe. The central office is located in Frankfurt am Main. The company manages the Frankfurt stock exchange, possesses settlement company Clearstream. Deutsche Börse offers all spectrums of services necessary in the sphere of exchange industry: listing, trade of shares and derivative instruments, clearing, settlement services, storage of securities, market information and service of electronic trading systems.