Swiss broker Swissquote has published a financial forecast. It turned out to be negative. Despite the high volatility in the market, the company will not be able to achieve 10% growth. At the end of 2016, the company’s revenue will be only about 148.5 million US dollars, which is only 2.5% more than last year.
It was planned to increase profits by 10%.
However, the company is also happy to report that the number of its customers has increased. Consequently, the volume of customer assets at the disposal of the company has increased.
However, even against the backdrop of events such as Brexit, the US presidential election and the coup in Turkey, the broker continues to operate normally. A new segment of the broker’s “white label” services is in particular demand. This once again confirms the fact that advanced technologies are always in demand.
