Tag: Swissquote

Swissquote
August 06, 2021 BY Steffy Bogdanova

Swissquote pre-tax profit doubles in H1 2021

The company has adjusted its expectations of the full year, now targeting CHF 465 million in net revenues and CHF 210 million in pre-tax profit, which was initially CHF 130 million. Swissquote continued to expand its crypto-asset offering for retail and institutional customers. The company has over 20 cryptocurrencies and CHF 1.9 billion in crypto-assets…

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Swissquote
June 16, 2021 BY Steffy Bogdanova

Swissquote expects a jump in revenue in H1 2021

The announcement stated: The strong organic growth that has been ongoing for months continues at Swissquote. Since the beginning of the year, Swissquote has been registering a massive inflow of new clients and new assets. The first months of 2021 have seen strong trading activities in Swissquote’s main revenue segments (fee and commission, eForex and…

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Forex Weekly Look Back
May 07, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: CEO Alex Pusco talks ActivTrades social trading platform development, SEC Chairman plans to tackle ‘gamification’

Canada-based payments processor, Nuvei, are rumoured to be in the process of acquiring Simplex.  This Israeli start-up company works to provide crypto companies with a fiat infrastructure. Though the acquisition is yet to be officially confirmed, there have been reports that the companies are in definitive talks surrounding a deal worth around $250 million, paid…

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Forex Weekly Look Back
March 19, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: eToro confirms $10.4 billion SPAC merger, SIX reports 22% rise in operating income

White label technology provider and consulting firm, Qinox Tech, has just announced that the company upgraded its global currency rates data service through a service agreement with OANDA, an FCA-regulated international broker and data provider. According to the partnership agreement, Qinox Tech will provide currency solutions from OANDA. White-label brokers and other service buyers using Qinox Tech’s…

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Swissquote
March 18, 2021 BY Steffy Bogdanova

Swissquote reports more 37% jump in net revenue in 2020

The announcement also noted the company’s expansion in the European region. In 2019, Swissquote acquired Internaxx Bank S.A., which was then rebranded Swissquote Bank Europe SA and opened doors for Swissquote to further expand its product line in Europe. In December 2020, the company also launched an online leasing offering with Tesla, focusing on a…

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Forex Weekly Look Back
January 15, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Swissqute revenue expectations rise 5%, ActivTrades adds commission-free equities trading

CLS, a market infrastructure delivering settlement, processing and data solutions, has announced that Alfa-Bank and First Abu Dhabi Bank (FAB) have agreed to initiate onboarding to CLSNet, a standardized, automated bilateral payment netting calculation service for more than 120 currencies. The CLSNet service standardizes and increases the levels of payment netting in the FX market. By…

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Forex Weekly Look Back
November 27, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: IS Prime turnover rises 30% in 2020, Benjamin Boulter appointed global head of partnerships with BlackBull Markets

Boerse Stuttgart announced today that Alexander Höptner, Chairman of the management board of Boerse Stuttgart GmbH and EUWAX AG, is leaving the Group at the end of the year at his own request to pursue new professional challenges. The Boerse Stuttgart group has not yet made a decision about his succession in the two companies. Alexander…

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