IC Veles Capital became the first among the leading operators of the Moscow Exchange in terms of corporate bond trading, which exceeded 703 billion Rubles in 2018. The three leaders also included VTB (536 billion Rubles) and Sberbank (480 billion Rubles). According to Moscow Exchange market ranking IC Veles Capital’s turnover on the Federal Bonds market (all trading modes) amounted to 718 billion Rubles thereby securing IC Veles Capital 5th position in the ranking.
The company was also included in the top three operators of the bond market with the volume of transactions of 1,42 trillion Rubles.
IC Veles Capital entered the top 20 operators of the Moscow Exchange in terms of shares and mutual funds trading the volume of which amounted to 228 billion Rubles. The company secured the 7th position in the ranking by the total volume of client transactions on the stock market with the latter having reached 6 trillion rubles. IC Veles Capital also entered the top five currency market operators by the volume of client transactions in 2018.
The full version of the Moscow Exchange statistics disclosure materials in relation to the equity and currency markets is available at the Moscow Exchange web site.
IC Veles Capital is one of the oldest investment companies in Russia. It was founded in 1995 and has been managed by Dmitry Bugaenko and Alexei Gnedovsky since then. Veles Capital is one of the few Russian investment companies obtaining an international credit rating issued and confirmed by S&P at the level "BB-/B" with the stable outlook in the December 2018. The company has also been assigned a credit rating of the Expert RA national rating agency at the level of RuA+ with the stable outlook.