TipRanks has expanded in Russia following a new partnership with the Saint Petersburg Stock Exchange. As a result, millions of Russian retail investors have access to interactive financial research capabilities for the first time.
The Stock Exchange is the latest leading institution in Russia to offer its clients TipRanks’ unique stock research tools. It joins VTB Bank, the second largest bank in Russia, and Tinkoff Bank. Both reported an increase in user engagement and trading activity upon integrating TipRanks’ powerful research and idea-generating tools.
The Russian exchange follows in the footsteps of other major global financial institutions that offer TipRanks products. These include the NASDAQ, TD Ameritrade, TD Bank, Saxo Bank, Interactive Brokers, Santander, E*Trade, eToro and, others.
TipRanks Tools in Russia
TipRanks’ stock research tools have been integrated onto the beststocks.ru platform which was established by the St. Petersburg Stock Exchange and Prytek corporation. The tools enable investors to conduct simplified stock research based on unique datasets, including analyst forecasts, blogger sentiment, insider transactions, hedge fund and individual investor activity, news sentiment, and TipRanks’ AI-driven Smart Score.
The Smart Score is a proprietary stock rating system that incorporates TipRanks’ datasets to score stocks on a scale of 1 – 10. It provides investors with a highly visual, easy to read numerical stock gauge.
Uri Gruenbaum, CEO of TipRanks said “The launch of our product in Russia is a significant milestone in our global expansion. Our ability to tailor the best research tools and simplify them for retail investors is game-changing. Our goal is to level the playing field for investors by offering them simplified access to institutional-level tools.”
To learn more about the TipRanks product suite please visit our Enterprise portal.
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