Finam Expands Global Market Access to Korea, Brazil, and Mexico by Year End

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Finam, a prominent broker and investment group, is preparing to broaden its clients’ access to key international markets, targeting South Korea, Brazil, and Mexico by the end of 2023. The company outlined its plans during a major industry event, signaling a strategic push to diversify geographic reach and offer more regional options to investors.

Speaking during the NAUFOR conference titled “Russian Stock Exchange-2023,” the company’s leadership indicated that alongside India, at least one Latin American market and possibly South Korea could be integrated into the brokerage platform within the year. The remarks stressed a commitment to expanding market access through enhanced partnerships and streamlined processes for eligible clients.

The approach to Brazil is described as the most straightforward, with operational pathways already in place to facilitate rapid trading and settlement. Mexico, while showing potential, presents a more complex landscape due to less established foreign economic links and regulatory nuances that require careful alignment with local requirements.

The investment group’s leadership emphasized that entry into new markets via the brokerage channel will be limited to qualified investors, reflecting prudent risk controls and a focus on clients with suitable experience and capital readiness. This stance aims to ensure that investors can navigate the additional market dynamics with confidence and appropriate oversight.

Analysts note that, from a currency perspective, the ruble continues to be a common choice for preserving value within the Russian domestic market, supported by factors such as macroeconomic stability, liquidity considerations, and the evolving investment landscape. The broader strategy links currency preferences to the diversification of portfolio allocations as new regional opportunities unfold.

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