OREANDA-NEWS. November 20, 2009. Veles capital investment company reported the results of the first 9 months of 2009. In the sample period the total turnover of securities formed USD  46 bln (1,5 trillion RUR). Exchange market operations contributed 49% to total turnover of securities ( USD 22, 8 bln - 743 bln RUR) . OTC market operations contributed – 51% (USD  23 bln - 752 bln RUR). The total brokerage turnover exceeded USD 30,7 bln (1 trillion RUR) , total dealer turnover exceeded USD 14 bln - 455 bln RUR.

Brokerage turnover on stock market operations in the first nine months of 2009 increased in 3 times compared to the same period of 2008 and formed USD  20 bln (649 bln RUR). Dealer turnover on stock market operations increased in 8 times compared to the same period of 2008 and formed USD  76,7 mln (2,5 bln RUR).

Also in the sample period Veles Capital’s client base increased by 31%. Equity capital increased by 48% and formed USD  45,6 mln (1,4 bln RUR). Net profit exceeded the results of the same period of 2008 by 44% and formed USD 2,6 mln (85,9 mln RUR).

Veles Capital IC’s CEO Alexey Gnedovsky said: “The company’s results in the first 9 months of 2009 corresponds to the current market situation and we estimate them as positive. Particularly I want to note results on stock market – the development of this direction is one of the company’s long term priorities”.

Veles Capital Investment Company has been operated on the Russian financial market since 1995 and is rated in the TOP-10 amongst largest Russian investment companies on total turnover of securities. The company is the acknowledged leader of the promissory notes market, is rated amongst TOP-3 of the largest bond market operators, TOP-10 of the largest stock market operators (RBC rating, results of 2009 H1). Veles Capital brand unites Veles Management asset management company, Veles Capital Development (construction and development in Russia and abroad), Veles Lex (legal consulting), Veles Personnel (HR-consulting and recruitment), subsidiary companies in Ukraine and Cyprus.