Dukascopy Japan Doubles Client Deposits, Europe Stable as Expenses Rise

[kreslik.news]

Swiss bank Dukascopy has published its annual results for 2017. The company posted a tiny profit of CHF 117,000 ($117,000) due to a slightly lower operating income and expenses that were higher year-on-year.

Dukascopy Bank’s total operating income declined by 12 percent to CHF 29.1 million ($29 million) despite trading volumes that amounted to CHF 657 billion, a figure which was flat year-on-year. The company reported a 14 percent increase in the number of active trading accounts, but total client deposits declined by a bit over 10 percent to CHF 105.5 million.

Total operating ... (read more)