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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As we had reported they would back in early January, Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has reported record results for 2017, driven in part by large numbers of new account openings from a new generation of cryptocurrency traders. Our analysis also shows that Swissquote's eFX business had its best period…
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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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Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced its results for the first half of 2017, indicating record figures on both the top and bottom line. Revenues at Swissquote came in at a record CHF 90.5 million (USD $93 million) in the first six months of 2017, up 17% from first…
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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…
Read moreShares 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…
Read moreLeading 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…
Read moreMIG 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…
Read moreSwissquote 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…
Read moreHowever 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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