Tag: Swissquote

January 12, 2023 BY Steffy Bogdanova

Swissquote reports pre-tax profit of CHF 185 million

Pre-tax profit came at CHF 185 million in 2022. This represents a 17% drop from CHF 223 million in 2021. The company said: The diversified sources of revenues and a higher share of non-transaction based revenues have enabled Swissquote to navigate safely in a difficult market environment. Swissquote highlighted that some of the negative market…

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December 15, 2022 BY Steffy Bogdanova

Swissquote upgrades ESG investing with information on stocks

Marc Bürki, CEO of Swissquote, commented: We are continuously improving our own ESG profile by strengthening our corporate governance, supporting our employees and tracking our environmental footprint. However, the biggest impact we can make is to motivate our half a million customers to make better investment choices, where better means not only more performance at…

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December 07, 2022 BY Steffy Bogdanova

Swissquote secures CySEC license

Swissquote Group is already authorized to operate in Switzerland, the UK, Dubai, Hong Kong, Malta, Singapore and Luxemburg. Now to its list of licenses, the company has added Cyprus Investment Firm (CIF) license which will allow the broker to offer trading services across the European Economic Area (EEA). Meanwhile, launched its own crypto exchange SQX…

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November 25, 2022 BY Steffy Bogdanova

Swissquote’s Yuh makes eBill available for its clients

Markus Schwab, CEO of Yuh, said: Our community not only wants smooth management of their finances, but also brings along a great climate awareness. That's why eBill was also at the top of our to-do list from the very beginning. We are all the more pleased about the latest addition to the yuhniverse. Earlier in…

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October 04, 2022 BY Steffy Bogdanova

Swissquote introduces its own crypto exchange SQX

Marc Bürki, CEO of Swissquote, commented: Swissquote is at the forefront of innovation and was one of the first institutions in Europe with a banking license to offer cryptocurrency trading. The launch of our own crypto exchange is an important step forward in offering our customers deeper liquidity and faster execution. In terms of services…

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August 10, 2022 BY Steffy Bogdanova

Swissquote sees a 23% dip in H1 operating revenue

In the official press release Swissquote stated: Despite an environment that was more challenging than initially expected, Swissquote continued to grow its overall customer base in the first half of 2022. The opening of around 34,200 new client accounts (of which some 8,000 non-organic) stands out as a positive development. The new ac-counts resulted in…

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August 09, 2022 BY Alan Sayer

Swissquote Launches Mobile Payment App

TWINT is a leading payment app in Switzerland and already has over four million users. It allows customers to make payments via smartphone with various types of merchants, including in-store, online, when parking, on public transport, or peer-to-peer. "Launching Swissquote TWINT is the next logical step towards our goal of becoming the first bank for…

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March 17, 2022 BY Steffy Bogdanova

Swissquote confirms 2021 record growth

Swissquote also published its guidance for 2022 and medium-term for 2025. The company noted that during the two first months of 2022, it experienced strong customer growth. It’s expectation for net revenues in 200 is to reach CHF 475 million. The company also expects net revenues and pre-tax profit to be CHF 750 million and…

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