April 27, 2017 9:41 PM ET


Company Overview of Swissquote Bank

Company Overview

Swissquote Bank is operating as subsidiary of Swissquote Group Holding Ltd.

Eschenstrasse 8

Schwerzenbach,  1196




Key Executives for Swissquote Bank

Chief Executive Officer
Age: 55
Compensation as of Fiscal Year 2016.

Swissquote Bank Key Developments

Swissquote Bank Launches New Virtual Reality Trading Application

Swissquote Bank has announced the launch of a new virtual reality trading application, designed for use with virtual reality helmets. The new app will enable the user to access the financial information that matters most to them in real time, through the medium of VR. Once the trader enters the virtual trading platform, they are surrounded by a 360° trading wall with multiple sections dedicated to SMI (Swiss Market Index), currency pairs and the main indexes. Due to eye-tracking technology and simply focussing on a specific stock, the trader is provided with more in-depth information. The wall within the VR trading platform is customizable with a choice of themed wallpapers recalling the Swiss origins of Swissquote. Users who are also Swissquote clients can also log in to their profiles, view the status of their accounts and even execute a trade due to eye tracking technology from Fast Trade. The app allows Swissquote clients to execute the majority of the actions that they would normally carry out on the existing Swissquote app. This technology makes it possible to execute trades much more quickly and easily, by preconfiguring a number of criteria, including the preferred investment amount. By default, this amount is set at CHF 5,000. After selecting a stock, two further steps are necessary to complete the trade: clicking on "buy" and then "confirm". Both actions are also executed using the app's built-in eye-tracking technology.

Swissquote Bank Announces Earnings Results for the First Half Year Ended June 30, 2016

Swissquote Bank announced earnings results for the first half year ended June 30, 2016. For the period, the company reported operating revenues of CHF 77,714,100 against CHF 77,046,000 a year ago. Net revenues were CHF 75,409,200 against CHF 73,972,000 a year ago. Pre-tax profit was CHF 12,557,900 against CHF 11,701,100 a year ago. Net profit was CHF 11,121,100 against net loss of CHF 10,635,500 a year ago.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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