Brokerage services

In the framework of brokerage services the Bank buys/sells the securities and makes other operations on behalf of the Bank or on behalf of the customer and at the Customer’s expense based on the Customers orders.

Brokerage services are provided to both individuals and legal entities.

The Bank provides brokerage services to the customers based on an agreement. The contract does not have a termination date, but the customer has the right to unilaterally terminate the contract by notifying the Bank about it not less than 10 days prior to the termination date.

Securities trading based on the Customer’s orders is executed both in regulated and OTC markets.

ATTENTION: The CUSTOMERS BEAR THE RISKS connected to the securities transactions executed by the Bank in accordance with the orders received from the Customers. The Bank SHALL NOT REIMBURSE customer’s losses if those are not caused as a result of bad faith conduct by the Bank.