Forex Weekly Look Back: Swissquote, Plus500 and IG release trading volumes, FXCM Pro provides liquidity for DXtrade platform LeapRate

August 14, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Swissquote, Plus500 and IG release trading volumes, FXCM Pro provides liquidity for DXtrade platform

International multi-asset broker HotForex has expanded its offering with the launch of exchange-traded funds (ETFs) and direct market access (DMA) stocks, exclusive to the company’s MT5 platform. Traders on HotForex can now benefit from CFDs on DMA Stocks and the direct market live pricing. Unlike CFDs on Stocks, which are not directly hedged in the underlying…

August 11, 2020 BY Steffy Bogdanova

Swissquote’s net profit for H1 2020 more than doubles to CHF 50.4 million

Swissquote reported operating revenues of CHF 162.7 million for the first half of the year, an almost 39% increase with the first half of the previous year when it was CHF 117.2 million. Net revenues reached CHF 160.7 million, 43.2% increased to CHF 112.2 million in the previous year. Net fee & commission income climbed…

June 26, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Andrey Dashin launches Exinity Group, ActivTrades expects record revenues in H1 2020

The Italian Banking Association (ABI) has shown its willingness to support a digital currency from the European Central Bank. The ABI has approved official guidelines for governing a Central Bank Digital Currency (CBDC). The Executive Committee of the ABI has agreed on ten fundamental criteria to issue the digital euro. London Stock Exchange Group (LSEG) announced…

June 22, 2020 BY Steffy Bogdanova

Swissquote reports 40% revenue increase for the first half of 2020

Swissquote estimated the net revenues of the first half of the year to be CHF 160 million, compared to CHF 112.2 million for the same period in 2019. Pre-tax profit reached over CHF 56 million for the first half of this year, compared to CHF 25.1 million compared to first half of 2019. In the…

May 14, 2020 BY Steffy Bogdanova

Swissquote appoints Chris Thomas as Head of Digital Assets

With 20 years of professional experience in the financial industry, Thomas has previously worked in in sales and trading for European banks in London and Geneva, such as UBS, Societe Generale and BNP Parisbas. He has led European Innovation fir Fidelity investments and built several successful startups. In 2013, Thomas also co-founded Monito, Lausanne based…

January 15, 2020 BY Valentina Kirilova

Swissquote reports record net revenues in 2019

Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has just announced an expected growth in net revenues of 5 to 10% for 2019. The initial pre-tax profit forecast for 2019 of CHF 44 million was revised to CHF 48 million in July 2019. The forecast has now been achieved with total net revenues…

December 03, 2019 BY Valentina Kirilova

WisdomTree teams up with Swissquote, launches crypto-based ETP

The NASDAQ-listed asset management company WisdomTree and online Swiss bank Swissquote Group Holding SA (SWX:SQN) have just announced that they have launched an Exchange Traded Product (ETP) investing in Bitcoin on the Swiss stock exchange SIX. The product is physically backed by Bitcoin. The product is immediately tradable at SIX for professional investors in USD (ticker: BTWC) and…

November 20, 2019 BY Valentina Kirilova

Swissquote launches Vanilla FX Options on its Advanced Trader platform

Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) announced that it has just launched Vanilla FX Options on its Advanced Trader platform. The Forex Options are European-style call and put options, which enable an even more precise and individual trading strategy. The new Forex Options are suitable for traders who want to diversify and hedge…

Tag: Swissquote