BDSwiss Group has announced, during its 6th annual kick-off meeting, its expansion plans for 2019 and the opening of new offices in the Philippines.
The BDSwiss Group has seen a 136.67% growth in trading volume during 2018, compared to 2017 according to data presented. There also was a substantial increase of 210.05% in the total number of active traders in 2018, while conversion rates increased by 9% during the same year with an average conversion rate of 25%. Partners’ conversion rates were up 37%.
BDSwiss Group now employs over 200 staff across the globe. The company has operational offices in Europe and has also tapped into Asian Markets in 2018 by opening new offices in Kuala Lumpur.
BDSwiss Holdings PLC COO, Markos Solomou commented:
We are delighted with our overall growth and achievements this year. BDSwiss as a Group has undergone a major transformation in just 12 short months, to meet sophisticated traders’ expectations. Establishing a presence in Southeast Asia that complements our offering, was always part of the Group’s plan. In addition to moving to new, even bigger offices in Kuala Lumpur, Malaysia by the end of Q1 2019, I am pleased to announce that we have now opened new offices in Manila, Philippines and are in the process of making them operational.
Our record performance in 2018 reinforces that we are on the right trajectory – taking full advantage of our company strengths and scale. Our expansion this year was also supported by our ever growing partner network; in 2019 we plan to continue to support and expand our partner network, as well as invest in robust, long-term and mutually beneficial business relationships that will help us cement our market presence on a global scale.