Company news for immediate release Dukascopy Swiss Forex

Company news for immediate release Dukascopy Swiss Forex

Company news for immediate release
Dukascopy Swiss Forex Marketplace becomes Dukascopy Bank.
Geneva
June 15, 2010
Dukascopy – Swiss Forex Marketplace, the Forex Dealer based in Geneva, and one of the largest liquidity
aggregators in the world has received its Banking Authorization from the Swiss Financial Market Supervisory
Authority FINMA and becomes “Dukascopy Bank”
Created in 2004, the company has grown from 2 to 130 employees. With about 100’000 visitors per day
through internet, Dukascopy has become a reference in the Forex Industry. Its internet TV already generates
more than 110 regular topics and updates per day.
“The Banking Authorization is a confirmation of a successful transition and an upgrade of Dukascopy’s
organization. The changes that have been orchestrated within the Company’s infrastructure were
conducted by a committed team that has designed a new Corporate Governance and an Internal Control
System in line with Swiss Banking requirements”, said Laurent Bellières, CFO of Dukascopy Bank.
“It is a tremendous accomplishment for our team which has passed FINMA’s rigorous screening while
managing to develop the business to confidently sail past the financial crisis. The banking license represents
an important step for our long term development. Dukascopy now opens its doors for partnerships, to
provide its advanced technology via a new White Label Solution.” said Alain Broyon, CEO of Dukascopy
Bank.
Dukascopy Bank SA will keep its Electronic Communication Network business model while increasing its
business relationships with other banks, institutions, High Net worth Individuals and retail clients.
“We are one of few Forex Marketplaces in the world and our business model based on technology and
transparency is the reason behind our success. With about a transaction taking place every second,
Dukascopy continues to develop more efficient systems for the industry” said Dr Andre Duka, CTO of
Dukascopy Bank.
Already established as an industry leader among professionals and Ultra High Net Worth Individuals,
Dukascopy has recently granted access to retail investors and now serves all market segments.
The Banking Authorization will offer added security and value to the clients of the Bank and allow a
substantial growth in all market segments, especially in the interbank relations sector, which has been
rapidly developing.
All media inquires and detailed information will be answered upon request.
The public announcement will take place at the Geneva Forex Event, held at the
Four Seasons Hotel des Bergues on June 17, 2010
All journalists are invited to the event where the bank’s Directors, Partners, and clients will be present and
open for interviews.
Contact
Dukascopy Communication
+41 22 799 4888
[email protected]
Dukascopy Bank SA
ICC, Route de Pre-Bois 20
1215 Geneva 15
Switzerland