Swissquote confirms a pre-tax profit of at least CHF 185 million in 2022
In January 2022, Swissquote reported that it delivered record results in 202, with net revenues of CHF 472 million.
January 12, 2023 - With net revenues above CHF 400 million and a pre-tax profit of at least CHF 185 million, Swissquote confirms financial results in line with the guidance provided in August 2022. The diversified sources of revenues and a higher share of non-transaction based revenues have enabled Swissquote to navigate safely in a difficult market environment.
As of 31 December 2022, client assets reached CHF 52.2 billion. Part of the negative market impact could be compensated by strong net new monies of CHF 7.7 billion in 2022.
The full report for the 2022 financial year will be published on 16 March 2023.
In December, Swissquote announced its 3rd location in the EU, with the opening of its office in Cyprus.
LiquidityFinder
LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.
If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at press@liquidityfinder.com.