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Revenues growing steadily, with the bottom line subdued due to one-off costs related to the acquisition, shares drop 4%

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Raaflaub oversaw the requirement of Swiss Forex brokers to receive a bank license, reshaping the industry.

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  • Laurent Bellières says #
    Correction about minimum capit...
    To the best of my knowledge the following quote contains mistakes: "One of the first changes enacted by FINMA under Raaflaub was
  • Gerald Segal says #
    RE:Correction about minimum ca...
    Thanks for the clarification Laurent. As you pointed out, and as we wrote in the article, in practice FINMA requires more than the
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AC Markets and MIG Bank will soon redirect to Swissquote.com/fx.

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MIG Bank brand will disappear, as Swissquote (SWX:SQN) Q3 report provides more insight into the acquisition of its Swiss rival.

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  • Andre Latigan says #
    Mr.
    Did the MIG Bank client list influence the Purchase Price? What gives MIG Bank the right to transfer personal data of all their c
  • Gerald Segal says #
    RE:Mr.
    Good question Andre. I don't think specifics of the client list were that important, as opposed to getting the total sum of client
  • Guest says #
    Guest 10
    thanks alot for the full details
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Gold-i comes full circle, doing business again with its first-ever client.

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Swissquote reports healthy Q2 profits at the corporate level as well, as clients and assets grew.

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With the Swiss National Bank keeping its 1.20 CHF per € cap, thereby killing CHF volatility, Swiss Forex brokers look to other products.

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Retail forex trading among Swiss traders has dropped off since September 2011 cap was put in place, killing CHF volatility.

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However Swissquote's eForex volumes were down, despite a rise in client assets.

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Swissquote also expanding to Malta, second office outside Switzerland.

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