Group of companies GLENIÑ and equinet Group signed the memorandum on mutual understanding
On December, 3, 2009 Group of companies GLENIC and equinet Group signed the memorandum on mutual understanding. Following the results of the given agreement the parties confirmed the intentions about cooperation in the following directions:
- Group GLENIC and equinet Group will work over installation of procedure of transfer of orders through Bloomberg and equinet to an electronic trading system of securities «Xetra» for Brokerage house «GLENIC» and company GLENIC Investments. The result of such cooperation will be possibility of granting to clients of the companies services on realization of securities trading on Deutsche Borse, and in the long term on the other foreign trading platforms — London Stock Exchange and Euronext.
- Group GLENIC agreed about partnership with equinet Group in the field of support and maintenance of procedure of listing on Deutsche Borse. From the beginning of 2007 equinet has been operating as listing-partner for the enterprises-emitters from Russia and the CIS countries, and also is official listing-partner of Deutsche Borse with the Russian/CIS competence. Group GLENIC has acquired the reliable and skilled partner in relations with Deutsche Borse that becomes effective and duly step within the limits of Group activity on attraction and support of the enterprises in listing procedure on one of the largest world exchange platforms.
Equinet is one of the largest investment banks of Germany. Equinet is exclusive partner of ESN (European securities Network) in Germany, actively works in Switzerland and Austria. Ten independent investment banks enter in ESN. ESN takes the first place in Europe on the detailed analysis of the enterprises of small and average business.