Freedom Holding Corp., a Nasdaq-listed, US-based diversified financial services company, has officially entered the Turkish market after more than five years of market research and negotiations. The company has received a license from the Capital Markets Authority of Turkey, which allows its subsidiary, Freedom Financial Services Inc., to open a new brokerage unit, Freedom Yatırım Menkul Değerler JSC.
Expansion in Turkey is a strategic move for Freedom Holding Corp
Entering Turkey for Freedom Holding Corp. is an important milestone in its expansion strategy. Turkey, with its dynamic economy and growing interest in financial markets, is an attractive market for investment services. Based on a deep understanding of the Turkish financial landscape and the needs of local investors, the company plans to provide access to the best tools and services it already offers in other markets.
As the chairman of Freedom Holding Corp stated, the company does not view Turkey as just a new point on the business map. Instead, the company sees significant potential in attracting local investors looking to take advantage of global financial opportunities. “We want local investors to feel part of the global investment community by using the best tools and services that our company offers,” he said.
Market research and negotiations – a long road to a license
The process of Freedom Holding Corp. entering the Turkish market was long and thorough. For more than five years, the company conducted market research and negotiated with various stakeholders in Turkey. Importantly, the license received from the Capital Markets Board of Turkey is an important step for the company, confirming its commitment to comply with all regulatory requirements of the country.
Significant experience in local regulations and investor needs has allowed Freedom Holding Corp. to tailor its offerings and services to meet Turkish standards and customer expectations.
For Turkish investors, this means expanded opportunities to participate in international financial markets. Freedom Yatırım Menkul Değerler JSC will provide local users with access to a wide range of investment instruments, including stocks, bonds, derivatives and other financial products, with support from highly qualified specialists.