Tag: Swissquote

Swissquote
January 13, 2022 BY Steffy Bogdanova

Swissquote pre-tax profit surges 111% in 2021

Pre-tax profit came at CHF 223 million in 2021. This represents a 111.2% jump from CHF 105.6 million in 2020. Customer growth Swissquote highlighted that the record results for the year were driven by customer growth and organic net new money inflow of CHF 9.6 billion, higher than previous year’s CHF 5.3 billion. Moreover, client…

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Swissquote
January 12, 2022 BY Steffy Bogdanova

Swissquote announces acquisition of Keytrade Bank Luxembourg

Marc Bürki, CEO of Swissquote, said: With the acquisition of Keytrade Bank Luxembourg we will strengthen our European expansion. Moreover, we will continue to develop our service offering to suit the needs of institutional as well as private clients in Luxembourg and the European Union. We will bring together the strengths of both institutions –…

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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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