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Swissquote Expands Nationally and Internationally
Abstract：Swissquote is methodically and effectively following its national and international growth plan, with the launch of a new site in Europe, direct access to the Dubai Financial Market, and new premises in Zurich.
Swissquote Capital Markets' establishment in Cyprus
Swissquote Capital Markets Ltd, the Group's newly founded Cypriot subsidiary, acquired its license from CySEC, Cyprus's financial regulatory body, yesterday. Swissquote seeks to extend its currency trading services in the European Union with this move. Swissquote Capital Markets in Cyprus is the third site in the EU, joining operations in Luxembourg and Malta.
Increased presence in Dubai with direct access to the Dubai Financial Market
Swissquote clients will be able to invest directly in securities listed on the Dubai Financial Market beginning in October 2022. (DFM). Swissquote has been represented in Dubai since 2010, and with this significant move, it now provides local and international clients with direct access to the DFM, the region's main financial market.
The Zurich Office is expanding.
The recent record surge in new consumers has resulted in an increase in customer questions. Swissquote enlarged its Customer Care staff and relocated the whole department to new ultra-modern premises in Zurich-Stettbach in mid-November to maintain its customary Swiss high standards of service excellence. Swissquote's Customer Service also handles inquiries from the popular and rapidly rising fintech app Yuh. The offices and lounge on Löwenstrasse will also stay open.
About Swissquote
Swissquote is the market leader in internet banking in Switzerland. Its sophisticated technologies allow for the trading of over three million financial goods. Swissquote's primary competencies include worldwide stock market trading, crypto asset trading and custody, Forex trading, and a Robo-Advisor service. Swissquote is also involved in the payment card, mortgage, and leasing industries. Swissquote has over 50 billion Swiss francs in assets for over 520,000 individual and institutional customers as of the end of June 2022.
Swissquote has offices in Zurich, London, Luxembourg, Malta, Bucharest, Cyprus, Dubai, Singapore, and Hong Kong, in addition to company headquarters in Gland, Switzerland. Swissquote is a licensed bank in both Switzerland (FINMA) and Luxembourg (CSSF). Swissquote Group Holding Ltd, the parent business, is listed on the SIX Swiss Exchange (symbol: SQN). Each of the Swissquote Group and PostFinance owns 50% of the fintech app Yuh Ltd.
You find more of Swissquote news here: https://www.wikifx.com/en/dealer/6011104604.html
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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