Dukascopy Bank SA
IndustryFinancial services, foreign exchange market, money market
Founded2004
FoundersAndre Duka, Veronika Duka
HeadquartersGeneva, Switzerland
Key people
Andre Duka (Co-Chairman of the Executive Committee, Co-CEO & CTO), Veronika Duka (Co-Chairman of the Executive Committee, Co-CEO & Chief administrative officer), Laurent Bellières (Chief risk officer), Andrejs Bagautdinovs (Chief Integration Officer), Irina Kupriyanova Vedeneeva (Chief Financial Officer)
ServicesCurrency trading, online trading, banking
Number of employees
300+
SubsidiariesDukascopy Europe IBS AS, Dukascopy Japan, SIA Dukascopy Payments
Websitewww.dukascopy.com

Dukascopy Bank is a Swiss online bank which provides online and mobile trading, banking and financial services.[1] Headquartered in Geneva, Switzerland, it has offices in Riga, Kyiv, Moscow, Kuala Lumpur, Hong Kong, Shanghai, Dubai and Tokyo, with over 300 employees.[2]

Services

Dukascopy Bank provides online and mobile trading services including foreign exchange, CFDs for stocks, metals, commodities, indices, cryptocurrencies and binary options. Dukascopy Bank also offers current account, e-banking, and credit card services.[3]

Regulation

Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA[4] both as a bank and a securities dealer. It has three subsidiaries, namely Dukascopy Europe IBS AS, a licensed brokerage company based in Riga, Dukascopy Japan, a Type-1 licensed broker located in Tokyo,[5] and SIA Dukascopy Payments, a European licensed payment and e-money company incorporated in Riga.[6][7]

Dukascopy Bank became a member of the Swiss Bankers Association in 2012.[8]

History

Dukascopy Bank started in 1998 when a group of physicists headed by Andre Duka launched Dukascopy Trading Technologies Corp to engage in the research, development and implementation of complex financial systems via novel mathematical and econophysical techniques. In 1999, Dukascopy began the development of its trading platform. In 2004, Andre Duka together with his partner Veronika Duka created Swiss Brokerage House Dukascopy. In 2006, Dukascopy launched its ECN, the SWFX Swiss Forex Marketplace.[9] In 2015, Dukascopy Bank SA acquired 100% of Alpari Japan K.K., Tokyo.[10]

References

  1. ↑ "Dukascopy Bank SA: Private Company Information - Bloomberg". www.bloomberg.com.
  2. ↑ "Dukascopy Bank hat SNB-Entscheid antizipiert". 1 September 2015.
  3. ↑ "L'avenir est dans la finance mobile".
  4. ↑ FINMA, Eidgenössische Finanzmarktaufsicht. "Approved Institutes People and products". Eidgenössische Finanzmarktaufsicht FINMA. Archived from the original on 2018-06-26. Retrieved 2018-05-16.
  5. ↑ Joncaire, Interview: Nicolette de. "Le franc fort crée aussi des opportunités". www.agefi.com. Archived from the original on June 26, 2018.
  6. ↑ "Dukascopy reçoit la licence bancaire".
  7. ↑ https://www.finma.ch/de/~/media/finma/dokumente/dokumentencenter/myfinma/6finmapublic/20161123-publikation-partielle-und-volle-offenlegung-2015.pdf?la=de Archived 2018-06-26 at the Wayback Machine ?
  8. ↑ "Home". SwissBanking.
  9. ↑ "«Wir haben den Swiss Dream realisiert»". 17 November 2014.
  10. ↑ "Dukascopy Forex Broker, Dukascopy Review, Dukascopy Information". EarnForex. Retrieved 2023-03-10.
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