Swissquote Financial Services (Malta) Ltd celebrates its fifth anniversary

Five years of successful business operations

Since its incorporation in October 2012, Swissquote Financial Services (Malta) Ltd has developed into a Fund Custody and Depository specialist, recently adding Brokerage services to its offering. Swissquote also intends offering Pension Custodial services in the near term.

Swissquote Financial Services (Malta) Ltd celebrated its fifth anniversary during a social event with the presence of leading industry stakeholders and the special participation of Bryan Robson, Manchester United Football Club Global Ambassador and former Captain.

These successful initial years of Swissquote, a wholly-owned subsidiary of Swissquote Group Holding Ltd which is listed on the SIX Swiss Stock Exchange since 2000, began with its operational launch back in October 2012 as an FX Broker under its then Category 3 licence. Two years later, following local demand for a Custodian and Depository sound international repute, Swissquote changed its business model, obtained a Category 4A licence by the MFSA and launched its business strategy as Custodian and Depository to Investment Funds based in Malta and non-EU/EEA jurisdictions.

Having recently obtained its Category 2 brokerage licence and through the MIFID cross-border Passport, Swissquote has positioned its brokerage service offering, based on the Group proprietary online trading platform technology, to a wide audience of Asset Managers, Investment Managers, Fund Managers, Pension Fund Man- agers, Private Wealth Managers and Family Offices across all EU member states.

The Swissquote brokerage service will empower Managers with ability to trade on more than 60 stock markets covering over 40 coun- tries, over 40,000 Bonds, 20,000 Investment Funds, Options & Futures on EURE, ICME, ISE, CBOT, NYMEX, COMEX, amongst others, and more than 80,000 leveraged products on the Swissquote OTC platform; an investment universe of over 2.5 million ISINS available directly online.

In the near term, Swissquote will also provide Custodian services to Pension Schemes under the Retirement Pensions Act, which service stands as a complement to the existing Custody and Depositary services provided to Investment Funds.

Andrew Zarb Mizzi, Swissquote Chief Executive Officer, said: “We are grateful for the support provided by the local investment community which has made it possible for us to become an established partner.”

Paolo Buzzi, Chairman of the Swissquote Board Holding Ltd and Group Executive Management member added: “We are delighted with our presence in Malta. We are committed to evolving the Swissquote service offering over the next years and strengthening the relationships with present and future stakeholders. They will benefit from the solid reputation of a Swiss banking group coupled with one of the most state-of-the-art online trading platforms.”