Swissquote completes acquisition of Internaxx Bank SA LeapRate

March 26, 2019 BY Valentina Kirilova

Swissquote completes acquisition of Internaxx Bank SA

Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) announced that it has completed the acquisition of Internaxx Bank in Luxembourg after receiving regulatory approval from the European Central Bank and the CSSF (Commission de Surveillance du Secteur Financier) in Luxembourg. The €27.7 million purchase price includes goodwill of approximately 25% and is being…

Cryptocurrencies and real estate now added to Swissquote's Robo-Advisor

January 10, 2019 BY Valentina Kirilova

Swissquote volumes up 15% YoY in 2018 - best annual results in its history

Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) has just announced an expected growth in earnings and profit of 15% for 2018 as a whole. This forecast has now been achieved with total earnings of CHF214 million and expected with pre-tax profit of CHF53.5 million (+16% YoY). Swissquote thus presents the best annual result…

October 22, 2018 BY LeapRate Staff

Swissquote becomes first bank to enable its clients to buy ICO tokens

Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) has announced that it has become the first bank worldwide to offer its clients the opportunity to participate in Initial Coin Offerings (ICOs). ICOs are a new way for companies to raise money via crowdfunding using blockchain technology. This opens new opportunities for Swissquote clients to…

August 12, 2018 BY LeapRate Staff

FX Industry Week Review: Swissquote buys Internaxx, AxiCorp nabs One Financial, and lots more

The usually slow summer months of forex industry news were certainly spiced up this past week, with Mergers & Acquisitions headlining the parade. How much did Swissquote pay for online 'expat' broker Internaxx? Why did AxiCorp buy FCA regulated One Financial? There was also more with LeapRate exclusively reporting on a number of executive moves,…

August 07, 2018 BY LeapRate Staff

Swissquote acquires Luxembourg based Internaxx for €27.7 million

Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has announced that it has acquired Luxembourg based online bank and investment firm Internaxx Bank S.A. for €27.7 million. The company said that the acquisition of Luxembourg-based Internaxx - which advertises itself as an investment firm for the expat community - gives Swissquote…

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…

June 15, 2018 BY LeapRate Staff

Swissquote launches multi currency Mastercard

Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has announced that it has launched the Swissquote Multi Currency Credit Card for making payments in a variety of currencies. It allows owners of a Swissquote trading account to benefit from a simple, flexible, and secure method of payment for transactions across the…

June 12, 2018 BY LeapRate Staff

Swissquote part of Swiss group CMTA to set standards for blockchain technology in the capital markets

Leading actors from Switzerland's financial, technological, academic and legal sectors have announced the formation of a new associative body called the Capital Markets and Technology Association (or CMTA) to facilitate the use of blockchain in financial markets. The CMTA will provide a platform to create open industry standards around issuing, distributing and trading securities in…

June 10, 2018 BY LeapRate Staff

World Cup meets investing: Swissquote launches Football Fever Certificate

Taking an interesting twist on sports investing, Switzerland based online trading group Swissquote Group Holding SA (SWX:SQN) has launched a Football Fever Certificate, allowing investors access to a basket of listed companies comprised of World Cup sponsors and European football clubs. The Football Fever Certificate can be traded on the Swiss stock exchange (SIX), under the…

March 16, 2018 BY LeapRate Staff

Swissquote launches first actively managed multi-cryptocurrency Certificate traded on SIX Swiss Exchange

Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced that it has launched the first actively managed multi-cryptocurrency Certificate, called "Multi-Crypto Active Index". The Multi-Crypto Active Index allows mainstream investors to invest in a diversified portfolio of four different cryptocurrencies through a traditional financial vehicle publicly traded on the SIX Swiss Exchange.…

Tag: Swissquote Group Holding SA (SWX:SQN)