Dukascopy Bank SA

COMPANY AND GROUP OVERVIEW

Dukascopy Bank is a Swiss innovative online bank based in Geneva, Switzerland, providing Internet based and mobile trading services (with focus on foreign exchange, bullion, CFD and binaries), banking and other financial services through proprietary technological solutions.

The company has been founded on 2 November 2004 in Geneva by Andre and Veronika Duka, Swiss nationals residing in Geneva who still own 99% of the company.

Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities firm.

Dukascopy Bank fully owns Dukascopy Europe IBS AS, European licensed brokerage company based in Riga and Dukascopy Japan, a Type-1 licensed broker located in Tokyo. In addition to its Geneva Headquarters, Dukascopy Bank has offices in Riga and Hong Kong. Currently, Dukascopy Group employs over 300 staff.

Dukascopy Group mainly provides online and mobile trading services through the SWFX - Swiss FX Marketplace, the Dukascopy's ECN proprietary technological solution and registered trademark.

company
1998

DUKASCOPY TRADING TECHNOLOGIES CORP.

The Dukascopy project was launched in 1998 by a group of physicists headed by Dr. Andre Duka. Their mission was to research, develop, and implement a complex financial system via novel mathematical and econophysical techniques.

Dukascopy - Swiss Brokerage House

A Dukascopy 2004 jött létre. Célja a pénzügyi társadalom kiszolgálása fejlett technológiai megoldásának segítségével.

Dukascopy - SWFX Swiss FX Marketplace

Dukascopy launches its Electronic Communication Network, the SWFX Swiss FX Marketplace.

Dukascopy Forex TV

Dukascopy introduces Dukascopy Forex TV, an online television channel providing technical and fundamental analysis to traders and financial professionals.

Dukascopy Bank SA

Dukascopy receives authorization from the Swiss Financial Market Supervisory Authority FINMA to conduct banking activities.

Geneva Forex Event

The Geneva Forex Event launches, offering a monthly opportunity to discuss current events, network, engage in public relations, and mingle with the elite in a relaxed atmosphere.

Dukascopy Europe IBS AS

Dukascopy Europe IBS AS becomes operational as a fully owned subsidiary of Dukascopy Bank SA, primarily serving the European retail market.

Opening of Dukascopy TV Studios in Geneva

Dukascopy TV opens its new studios in Geneva.

E-banking Solution

Dukascopy Bank SA introduces a unique and innovative e-banking solution for Current Account holders.

Dukascopy Bank SA in Hong Kong

Dukascopy Bank SA expands its international presence by opening a representative office in Hong Kong.

Islamic Accounts

Dukascopy Bank SA introduces swap-free accounts to meet the needs of Muslim clients.

Swiss Bankers Association

Dukascopy Bank becomes a member of the Swiss Bankers Association.

Dukascopy Bank SA megkapja az Értékpapír kereskedői engedélyt

A Dukascopy-t a FINMA svájci pénzügyi piac felügyeleti hatóság engedélyezte értékpapírcégek tevékenységének lebonyolítására.

Dukascopy Bank offers binary options

Dukascopy Bank launches a new trading platform for binary options in June.

Dukascopy Bank offers CFDs

In September, Dukascopy Bank begins offering CFD instruments in its ECN trading environment.

Dukascopy Bank SA acquires 100% of Alpari Japan K.K., Tokyo

In August, Dukascopy Bank acquires 100% of Alpari Japan K.K., a Type-1 licensed Japanese broker based in Tokyo, which is renamed Dukascopy Japan K.K. This acquisition allows Dukascopy Group to provide regulated Forex trading services in Japan, the world's largest Forex market.

Dukascopy TV registration with OFCOM

Dukascopy TV registers with the Federal Office of Communications, the Swiss State regulator OFCOM, officially becoming a Swiss TV broadcaster.

Video-identification revolution at Dukascopy Bank

Following the issuance of the FINMA circular 2016/7 on Video-identification, Dukascopy Bank is among the first financial institutions to use a video-based onboarding system, fully integrated with its IT infrastructure.

Swiss Private Bank for Everybody

Dukascopy Bank SA extends its technological leadership in financial brokerage by entering the retail banking sector.

BTC/USD LAUNCHES FOR TRADING ON LIVE

Dukascopy Bank begins offering Bitcoin to US Dollar (BTC/USD) trading to self-trading LIVE accounts.

Vagyonkezelés a Dukascopynál

Dukascopy Bank begins offering clients the opportunity to earn returns by acting as liquidity providers on SWFX in a fully automated mode.

MetaTrader 4 LAUNCHES FOR LIVE TRADING

Dukascopy Bank begins offering LIVE trading on MetaTrader 4 with direct access to the SWFX Swiss Marketplace.

Account funding with crypto-currency

Clients can now deposit and withdraw funds to/from their crypto-fundable trading accounts with the Bank in the form of cryptocurrency transfers. The first supported cryptocurrency is Bitcoin.

Dukascopy Bank SA launches its cryptocurrency — Dukascoin

Dukascopy Bank becomes the first regulated bank to launch its own ICO with Dukascoin. From February 28, 2019, anyone can participate in the Airdrop, trade Dukascoin in the marketplace, and enjoy its benefits. The first physical embodiment of Dukascoin is sent into space, marking a milestone for the cryptocurrency and the bank.

INTRODUCING VIRTUAL AND PLASTIC MASTERCARD

Dukascopy expands its offerings by introducing the option to order both virtual and plastic Mastercard alongside Visa cards, enhancing transaction convenience and security in major currencies.

INTRODUCING INDICES, BONDS, COMMODITIES ON MT4

Dukascopy Bank broadens its MT4 account offerings to include CFDs on indices, bonds, commodities, and several new exotic FX pairs, enhancing trading options for clients.

DUKASCOPY BANK SA OBTAINS QUALIFIED DERIVATIVES DEALER STATUS

Dukascopy Bank is recognized as a Qualified Derivatives Dealer (QDD) after entering into an agreement with the U.S. Internal Revenue Service. This status authorizes the bank to make dividend-equivalent payments on US CFD instruments while deducting the appropriate amount of withholding tax.

DUKASCOPY ADDS 10 NEW CRYPTOCURRENCIES, TOTAL REACHED 19

The bank expands its cryptocurrency offerings, introducing trading for an additional 10 cryptocurrency pairs, thereby broadening investment opportunities for clients.

NEW P2P CRYPTO EXCHANGE MARKETPLACE AND FIAT SETTLEMENT SERVICE LAUNCHES

Dukascopy Bank develops two new services for clients: a P2P crypto exchange marketplace where clients can place offers to buy or sell tokens against fiat currencies, and a secure fiat settlement framework for P2P crypto-fiat exchange operations.

Dukascopy RELEASES NEXTGEN TRADING PLATFORM JFOREX 4

Dukascopy introduces its next-generation trading platform, JForex 4. With over 250 technical indicators, it provides valuable insights for traders and is accessible across web, desktop, and mobile platforms, featuring a user-friendly interface.

FINMA AUTHORIZES LAUNCH OF CRYPTOCURRENCY FIDUCIARY CUSTODY SERVICES

Dukascopy Bank is granted authorization by the Swiss financial regulator FINMA to provide its customers with cryptocurrency exchange and fiduciary deposits services, allowing the investment and custody of cryptocurrencies on behalf of clients.

SHARP INCREASE IN TRADABLE STOCKS, AMOUNTING TO 1000 TRADING INSTRUMENTS

Dukascopy Bank significantly expands its list of trading instruments by adding 405 new stock CFDs, including major companies from the US, UK, Germany, France, Switzerland, Netherlands, and Spain.

WESTERN UNION WITHDRAWALS ADDED

Dukascopy Bank partners with Western Union to offer a hosted solution for money withdrawals via the Western Union network, enriching its range of money transfer possibilities.

INTRODUCING CORPORATE AND INSTITUTIONAL ACCOUNTS

The bank launches Corporate Institutional Accounts, designed to meet the needs of corporate clients and institutional investors, providing top-quality banking services for regulated brokers, E-money companies, and other PSPs.

INTRODUCING CRYPTO LENDING PRODUCT

Dukascopy Bank unveils an innovative crypto lending product, allowing clients to borrow against their digital assets while preserving their investments in cryptocurrencies.

METATRADER 5 LAUNCHES FOR LIVE TRADING

Dukascopy Bank announces the launch of the MetaTrader 5 trading platform, available for both Live and Demo accounts, marking a significant upgrade in trading technology and user experience.

Directions

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ONLINE BANKING

Dukascopy Bank offers extremely competitive conditions for currency exchange on current accounts, provides e-banking facilities, credit cards and an increasing range of banking products.

ONLINE AND MOBILE TRADING — SWISS FX MARKETPLACE (SWFX) AND BINARY OPTIONS PLATFORM

The SWFX provides online and mobile Forex, precious metals and CFD trading facilities.

Currently, the SWFX is connected through FIX API to over 20 major banks offering a unique pool of ECN spot forex liquidity available for traders, banks, hedge funds and other institutions. This allows Dukascopy Bank to offer its clients unrivalled order execution and price feed quality in addition to very low spreads.

The SWFX automatically executes orders of market participants on a Straight Through Processing basis. In this ECN environment, both buy-side and sell-side participants interact on an equal footing. Dukascopy Bank has no dealing desk and makes no requote, all trades are executed automatically on its ECN, whatever their size.

The Dukascopy trading platform (JForex) provides an array of tools for risk management and control over the order execution. Clients may trade billions of dollars in a secure "one-click" trading environment. Support is provided on a 24/5 basis. In case of need, clients may pass orders over the phone.

In addition to trading on Forex, precious metals and CFD (on various underlyings), Dukascopy Bank provides a trading platform for binary options on stocks and Forex.

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FINANCIAL MEDIA, TUTORIALS AND ONLINE DUKASCOPY COMMUNITY

Dukascopy Bank provides a wide range of free financial information and other attractive resources through its website, Dukascopy TV online television, Freeserv products and its active online Dukascopy community counting over 130'000 members.

The members of Dukascopy Community may exchange in several languages on trading experiences, market views, trading strategies, may win prizes in various contests and freely communicate through advanced and secure chat and video conference systems developed and supported by Dukascopy Bank.

BOARD OF DIRECTORS

BOGDAN PRENSILEVICH

Chairman

FRANK GUEMARA

Vice-Chairman of the Board and Chairman of the Audit Committee

PER PROD'HOM

Member of the Board and member of the Audit Committee

GÉRARD DE CERJAT

Member

TATIANA PANNATIER

Member

ENRICO GIACOLETTO

Member

All Board members are Swiss nationals.

EXECUTIVE MANAGEMENT

ANDRE DUKA

co-Chairman of the Executive Committee, co-Chief Executive Officer & Chief Technology Officer, founding shareholder, citizen of Switzerland

VERONIKA DUKA

co-Chairman of the Executive Committee, co-Chief Executive Officer & Chief Administrative Officer, founding shareholder, citizen of Switzerland

ANDREI BAGAUTDINOV

Chief Integration Officer, citizen of Switzerland

IRINA KUPRIYANOVA VEDENEEVA

Chief Financial Officer, citizen of Switzerland

WAJIH RAIS

Chief Risk Officer, citizen of France

All Executive Committee members are permanent residents of Switzerland.

AUDITORS

The statutory auditor reports to the General Meeting of Shareholders on the results of their audit of the Financial Statements and proposed appropriation of available earnings.

The banking auditor verifies that Dukascopy Bank complies with the Swiss laws and other applicable regulation on an individual basis and group level. They report their conclusions and observations directly to FINMA.

Internal auditors execute a multi-annual audit plan agreed with the Board of Directors, and report their conclusions and recommendations to the Board. Internal auditors verify the adequacy of the company's organisation, internal control system and its compliance with applicable laws and regulation.

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STATUTORY AND BANKING AUDITORS

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STATUTORY AND BANKING AUDITORS

DUKASCOPY Tools