HF Development Ltd. (in Estonian - HF Arenduse AS) is an Estonian brokerage house and a member of the Tallinn Stock Exchange. The company was founded on 4 January, 1994.

HF Development Ltd. provides the following services on the Estonian securities market:

1. brokerage
2. portfolio management
3. investment consultancy

Office:
Ahtri 10A
EE0001 Tallinn
Estonia
Telephone: 372 6 103 500
Fax: 372 6 103 501
E-mail address: hfa@online.ee