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Otkritie doubles revenues after hiring spree

Russian broker increases headcount by 40% as it expects surge in order flow between London and Moscow

A leading Russian broker has more than doubled revenues at its UK operation as it seeks to position itself as one of a growing number of firms that facilitate order flow between London and Moscow.

Otkritie Securities, a UK provider of execution services, is capitalising on the growing demand among European buyside firms, hedge funds and specialist trading firms that want a gateway into the Russian market.

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