Equity Sales and Brokerage Services

Visor Capital’s Sales and Trading desk is the nerve center of our brokerage business and engages in a broad range of activities for investors. We make firm prices for both A and B level stocks on the local KASE exchange. In addition to local trading, we are active players in international Kazakh names. Our Sales and Trading team is comprised of seasoned local and Western specialists who have an in-depth knowledge of capital markets activity with particular expertise in emerging markets and the CIS countries. We have a fully integrated research database in order to meet the investment needs of all of our clients.

Visor Capital is currently a trading member of the local KASE Stock Exchange. In addition, we provide execution capabilities in other securities such as government and corporate bonds, T-bills and repos. By trading through us, our clients gain exposure to the local market along with cutting edge knowledge of Kazakhstan.

Visor’s Sales & Trading team offers the following advantages:

• Opening and running of brokerage and depository accounts of resident and non-resident investors.
• Motivated client service and trading support.
• Efficient execution of client orders on the Kazakhstani and international markets.
• A focus on delivering superior investment ideas, exceptional market intelligence and outstanding execution to our clients.
• Cutting edge research, publications, and regular up-dates during the course of trading day.
• Facilitating client participation in IPOs.

Since the start of actual trading in August 2006, Visor Capital has become a market leader and has quickly become the broker of choice for both local and international firms. Visor Capital is now the biggest broker in Kazakhstan, having claimed more than 17% of the total KASE market volume for 2007 (statistics through May). For May alone, Visor recorded more than 30% of the total trading volume on the KASE, eclipsing our nearest competitor by two times.

Our goal is to maintain this position through exceptional client services, high quality research and superior trading execution.