Freedom Holding Corp.

Last price update: 19 Apr 24 23:00 GMT

Price:
$65.44
Open:
$67.53
Previous close:
$67.58
Day's range:
$65.42 - $67.53
Year's range:
$64.68 - $102.40
Net Income per Share:
5.64
Price-to-Earnings ratio:
11.60
52-week Price Range:
$73.60
Volume:
$83,709.00
Average volume:
$57,756.00

Company profile for Freedom Holding Corp.

Freedom Holding Corp. logo

Freedom Holding Corp. is a global financial services company headquartered in Almaty, Kazakhstan, offering a variety of retail brokerage, research, investment, and banking services around the world. Founded in 1981 as BMB Munai, the company changed its name to Freedom Holding Corp in 2017.

Freedom Holding Corp. provides a range of retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds. They also offer margin lending services, investment education and training courses, and investment research services.

The company’s retail banking services include payment cards, digital mortgages, digital auto loans, and insurance products. On the corporate investment banking side, Freedom Holding Corp. provides capital raising solutions for corporate clients through initial public offerings and follow-on offerings, as well as debt capital markets solutions that focus on structuring and distributing private and public debt.

Freedom Holding Corp. is also active in trading, investment, and brokerage activities. They facilitate repurchase and reverse repurchase agreements in proprietary trading activities, cover short positions, and settle other securities obligations to accommodate customers’ needs and finance their inventory positions.

Beyond their financial services, Freedom Holding Corp. offers the Tradernet software platform for client margin risk evaluation and middle office security transfer requests. This software is used by over 100 clients in Central Asia, Europe, the United States, Russia, and the Middle East/Caucasus.

In 2017, Freedom Holding Corp. was chosen by the Kazakhstan Stock Exchange to launch the Astana International Exchange, which is the first international commodities and derivatives exchange in Central Asia. They are also the first Kazakh firm to be accepted into the U.S. Financial Industry Regulatory Authority.

The company is committed to creating a culture of ethical practices and compliance with regulations, and they ensure their policies and procedures reflect this commitment. They also place emphasis on training their employees in ethical practices and compliance with regulations.

Stock exchanges:
NASDAQ
Sector:
Financial Services
Industries:
Capital Markets
Ticker:
FRHC
CIK:
924805
ISIN:
US3563901046
Website:
https://www.freedomholdingcorp.com
Phone:
7 727 311 1064
Origin:
Kazakhstan
Employees:
2,810