Tag: Swissquote results

Cryptocurrencies and real estate now added to Swissquote's Robo-Advisor
July 31, 2018 BY LeapRate Staff

Swissquote reports record results for 1H-2018 driven by crypto trading

Continuing the strong business momentum which it saw in the second half of 2017, Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has reported record results for 1H-2018, driven in part by large numbers of new account openings from a new generation of cryptocurrency traders. Operating revenues for the six month period rose…

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swissquote bitcoin cfd
January 12, 2018 BY LeapRate Staff

Swissquote announces positive earnings surprise for 2017 driven by Cryptocurrency trading

Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced that it will report better-than-expected results for the second half of 2017 (when final results are released in early March). The driver - cryptocurrency trading. Swissquote was the first European online bank to introduce Bitcoin CFDs in mid 2017 as well as trading…

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March 03, 2017 BY LeapRate Staff

Swissquote reports rise in 2016 Revenues and Profit, Forex business declines

Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced its results for 2016, indicating a nice rise in both Revenues and profitability. All areas of Swissquote contributed to the increase, except the company's eForex business which saw slightly lower trading volumes, although margins did increase along with eForex customer assets. Forex…

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December 02, 2015 BY LeapRate Staff

Swissquote shares rise to highest level since early August

Shares of Swissquote Group Holding SA (SWX:SQN), Switzerland's leading online broker, began December on a strong note rising 3% on Tuesday, to hit their highest level in about four months, since early August. Swissquote shares took a bit of a hit in late July after reporting somewhat disappointing first half 2015 results, which included a CHF 20…

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July 30, 2015 BY LeapRate Staff

Swissquote shares off 11% following 1H results announcement

Leading Swiss online trading and retail forex broker Swissquote Group Holding SA (SWX:SQN) has seen its shares drop 11% in the two trading sessions since releasing its financial and operating results for the first half of 2015 on Tuesday morning. Swissquote shares, somewhat ironically, typically carry a lot less volatility than the industry Swissquote serves, trading in…

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November 05, 2013 BY Gerald Segal

Swissquote acquisition of MIG Bank – $70 million

MIG Bank brand will disappear, as Swissquote (SWX:SQN) Q3 report provides more insight into the acquisition of its Swiss rival. Leading Swiss online broker Swissquote has reported its Q3 financials, which showed a relatively slow but profitable Q3 (more on that later). However the interesting part of the report shed more light on Swissquote's acquisition of…

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July 26, 2013 BY Gerald Segal

Swissquote forex volumes up 37% in Q2

Swissquote reports healthy Q2 profits at the corporate level as well, as clients and assets grew. Leading Swiss online brokerage Swissquote (a member of LeapRate's Approved List of global regulated Forex brokerage firms) announced today that FX volumes increased a whopping 37% during Q2, to average CHF 30.5 billion ($32 billion) per month, up from…

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May 06, 2013 BY Gerald Segal

Swissquote Q1 sees 8% rise in Revenue and 26% rise in Profits

However Swissquote's eForex volumes were down, despite a rise in client assets. Leading Swiss online brokerage Swissquote (a member of LeapRate's Approved List of global Forex brokerage firms) announced today that FX volumes were down in Q1 to average $24 billion per month (CHF 22 billion), down 11% from Q4-2012 levels. This despite a 4% rise in clients' FX assets at…

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