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Your favourite online bank has had a record year and has just put a record quarter behind it as well. Once again we have bettered our own growth forecasts and opened almost seven thousand new accounts in spite of, or rather because of the stock exchange turbulence of the first three months of the year. Soon we'll be able to greet our hundred thousandth customer!
We are, of course, proud of our success but that does not blind us to your wishes and needs - quite the contrary. We just want to continue providing you with first-class service and innovative technologies.
With this in mind we have set up evening seminars particularly for new customers that are proving extremely popular. There are also interesting workshops and discussion forums in our lounge in Zurich for customers of longer standing during which you may take the opportunity of getting to know your Online Leader personally.
And, just in case you want to make sure your money is well taken care of any time of the day, find out about our dynamic savings account; it's a new service that might well attract your interest.
The management joins me in sending you our good wishes.
Marc Bürki
CEO
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EVEN BETTER THAN EXPECTED! |
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Yet again we have done better than forecast, and gained more new customers and signed up more customer funds than we expected, and all in the first quarter of the new year. Despite the confusion in the financial markets, our profits of CHF 27.6 million were slightly higher than our results for the same period last year. The operating profit of CHF 14.7 million and net profit of CHF 11.5 million were a bit lower than the year before. The reason for that is that we are investing in the future, so our marketing costs have gone up.
We are therefore sticking to our ambitious growth figures, namely 25,000 new customers this year and new funds of at least CHF 1,2 million flowing in. Dedicated to success, you might say...
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POLO SHIRTS FOR OUR CUSTOMERS AS WELL |
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Despite the chilly wind blowing on the stock exchanges, our marketing pros have coaxed a smile on to the face of many customers with the image of the shivering investor on our start page. Thanks for your compliments! We are now delighted to make you a present of one of these collector polo shirts. Hurry, though, as only 500 customers can take these up. How? If you would like to receive it please click here.
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SWISS DERIVATIVE AWARDS |
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The hall was crammed, and the tension was palpable, with some of the vibes of a beauty contest. It was in fact a dishy former "Miss Switzerland", Fiona Hefti (2004), who dished out the Community Award to our top customer - Bank Vontobel's representative.
The Swiss Structured Products Association, which federates the derivative market players, was singled out for distinction. There were many competitors but few winners for this presentation, which covered professionals from the fields of leverage, participation, yield optimisation, and of capital products. EFG Financial Products, a newcomer in Swissquote's derivative leaders group, waltzed off with first prize in the yield optimisation category. Organising the event for the third time were Stocks, Derivative Partners AG and Swissquote.
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ON AND ON UP THE LEARNING CURVE! |
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Swissquote customers are informed customers. We take care of that with our demanding seminars and workshops that are regularly organised in various Swiss cities.
To new customers we particularly recommend the evening seminars held between 7pm and 9pm in Basel, Bern, Fribourg, Geneva, Lausanne, St. Gallen and Zurich. You can get to know about our trading platform and various tools at these events. Click here to find out more about seminars and tools.
Each week you can pick up many useful snippets of what's currently happening on the stock exchanges in the informal atmosphere of the Swissquote Lounge. From today stock exchange aficionados gather on Tuesdays between 3 and 5 pm for an open discussion presented by a Swissquote employee. No charge to join in. Just book in here (by clicking on seminars and the stock exchange). Booking in does not oblige you to attend for the full two hours - you decide how long you want to stay.
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THE LATEST ON THE FOREX TRADING PLATFORM |
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On our "FXBook" you can now trade Canadian and Australian dollars as well as the major currencies (EUR, USD, CHF, GBP and JPY).
We now offer even better conditions. We've reduced the spread to 4 pips for mini-accounts with transferred margins up to USD 10,000. Premium accounts still get 1.8 pips with transferred margins from USD 25,000 upward.
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YOUR DYNAMIC SWISSQUOTE SAVINGS ACCOUNT |
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The interest rate for a savings account in Switzerland averages 0.9 percent and it looks as though nothing much has changed on this market.
We would, however, like to shift something forward by combining tradition and progress: on 15 May we have launched the Swissquote Bank's dynamic savings account - an account in which you decide for yourself whether you want to invest short or long term. You stipulate the level of your deposits and dispose of them flexibly, have the interest credited monthly, not pay any account management charges and, of course, choose between CHF and EUR.
What's more you benefit 24/7 from real time information and a specially developed liquidity management tool that lets you follow with complete transparency the development of what you've built up.
Interested? Find out more about the dynamic Swissquote savings account by clicking here.
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| IN THE FOCUS |
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