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The Exchange Traded Volume of Otkritie Securities Limited reached USD6.5 billion in June 2009, further extending the upward trend in evidence since February 2009. OSL continues to double trading volumes month on month, due to both increased client activity and a broadening client base.

OSL is one of the pioneer Russian companies offering direct market access to institutional investors. The company also acts as an agency broker operating in line with the agency brokerage business model. The commitment to this business model is primarily due to demand from major institutional investors. Agency brokerage offers both less risk than traditional brokerage models and avoids conflict with clients' interests, as OSL doesn't maintain its own positions.    

"The achieved results illustrate perfectly that the Company's business model is the correct one and that OSL is run by a highly professional management team," said Roman Lokhov, OSL CEO.

Mr. Lokhov believes that last year was spent building key infrastructure for OSL brokerage operations. The company was granted DMA to more than TOP-30 stock exchanges, among them the London Stock Exchange (IOB), Deutsche Boerse (XETRA), MICEX, RTS and other equities and derivatives markets.

In the same year, the company announced the official opening of its Frankfurt office. "At present Otkritie Securities Limited has a core client base, which points to promising business potential and further growth in number of clients," added Mr. Lokhov.

In line with the strategy adopted by Otkritie Securities Limited in 2008, a decision was made to centralise the company's institutional business in London and to open rep offices in all regions where the company's services enjoy strong demand from local clients.

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Otkritie Securities Limited (OSL) is a licensed investment company and clearing broker in Great Britain. Regulated by FSA, the company provides brokerage, asset management, and investment advisory services across a broad range of asset classes. OSL was granted access to LSE (London Stock Exchange) in June 2007 and to EDX London Ltd (Equity Derivatives Exchange) in 2008.