June 16, 2021
Swissquote Expects Record Half-Year Results
June 16, 2021 - The strong organic growth that has been ongoing for months continues at Swissquote. Since the beginning of the year, Swissquote has been registering a massive inflow of new clients and new assets. The first months of 2021 have seen strong trading activities in Swissquote’s main revenue segments (fee and commission, eForex and cryptocurrencies). As a result, Swissquote expects to achieve record half-year results.
Net revenues for the first half year 2021 are estimated at around CHF 260 million (H1-2020: CHF 160.7 million) while pre-tax profit is expected to exceed CHF 130 million (H1-2020: CHF 58.4 million).
The guidance for 2021 reported on March 18, 2021 will be significantly revised upwards as part of the publication of the half-year results on August 6, 2021.
To view the institutional services offered by Swissquote, please click the link / logo below:
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