Dukascopy Financial institution’s Revenue Decreases in 2021

by Cryptospacey

Dukascopy Financial institution, a Swiss monetary buying and selling providers supplier, just lately revealed its monetary metrics for 2021. The net buying and selling platform reported a lower in its web revenue because the determine dropped to CHF 2.1 million.

Working bills in 2021 dipped by practically 6.5% in comparison with the earlier 12 months. Regardless of a difficult atmosphere relating to web revenue and revenues, Dukascopy posted a pointy improve in consumer deposits because the determine climbed 19.6% in 2021 in comparison with 2020.

In line with the small print shared by Dukascopy, a stable leap in cellular multi-currency accounts (MCA) was noticed throughout 2021. Dukascopy additionally termed crypto as one of many fundamental “strategic development areas”.

“Dukascopy Financial institution continued its crypto growth by considerably bettering its in a single day charges for crypto devices along with launching buying and selling for 10 new cryptocurrency pairs. Dukascopy Financial institution repeatedly expands its listing of buying and selling devices to fulfill buyer requests. As well as, our Financial institution was capable of improve the vary of latest merchandise supplied to its purchasers together with new CFDs on shares and CFDs on cryptos. Ranging from lower than 50 FX forex pairs, the Financial institution is now providing buying and selling on over 750 devices,” Veronika and Andrey Duka, co-Chief Government Officers at Dukascopy, commented.

Russia-Ukraine Battle

Within the latest announcement, Dukascopy famous that the Group could face an impression of battle between Russia and Ukraine.

“The Russian-Ukrainian battle which began in February 2022 could have an effect on the Financial institution’s actions. It’s nonetheless too early to quantify their results on the Financial institution’s financials. The consequence for the primary three months of 2022 is a revenue of two.0 million,” the corporate added.

Dukascopy additionally launched the monetary numbers relating to the efficiency of its subsidiaries. Dukascopy Japan’s web revenue reached CHF 102.3 thousand in 2021. Dukascopy Europe generated a web revenue of CHF 46,000 over the last 12 months.

Dukascopy Financial institution, a Swiss monetary buying and selling providers supplier, just lately revealed its monetary metrics for 2021. The net buying and selling platform reported a lower in its web revenue because the determine dropped to CHF 2.1 million.

Working bills in 2021 dipped by practically 6.5% in comparison with the earlier 12 months. Regardless of a difficult atmosphere relating to web revenue and revenues, Dukascopy posted a pointy improve in consumer deposits because the determine climbed 19.6% in 2021 in comparison with 2020.

In line with the small print shared by Dukascopy, a stable leap in cellular multi-currency accounts (MCA) was noticed throughout 2021. Dukascopy additionally termed crypto as one of many fundamental “strategic development areas”.

“Dukascopy Financial institution continued its crypto growth by considerably bettering its in a single day charges for crypto devices along with launching buying and selling for 10 new cryptocurrency pairs. Dukascopy Financial institution repeatedly expands its listing of buying and selling devices to fulfill buyer requests. As well as, our Financial institution was capable of improve the vary of latest merchandise supplied to its purchasers together with new CFDs on shares and CFDs on cryptos. Ranging from lower than 50 FX forex pairs, the Financial institution is now providing buying and selling on over 750 devices,” Veronika and Andrey Duka, co-Chief Government Officers at Dukascopy, commented.

Russia-Ukraine Battle

Within the latest announcement, Dukascopy famous that the Group could face an impression of battle between Russia and Ukraine.

“The Russian-Ukrainian battle which began in February 2022 could have an effect on the Financial institution’s actions. It’s nonetheless too early to quantify their results on the Financial institution’s financials. The consequence for the primary three months of 2022 is a revenue of two.0 million,” the corporate added.

Dukascopy additionally launched the monetary numbers relating to the efficiency of its subsidiaries. Dukascopy Japan’s web revenue reached CHF 102.3 thousand in 2021. Dukascopy Europe generated a web revenue of CHF 46,000 over the last 12 months.

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