Home Latest News Dukascopy Bank passed recent market shocks successfully

Dukascopy Bank passed recent market shocks successfully

Considering the general concerns about the financial situation of the market participants after the recent oil and stocks price drops as well as high volatility on the currency markets, Dukascopy Bank is reporting the following 1. The YTD profit 2020 of Dukascopy Bank has hit a historical record above 8 million CHF, 2. Eighty 80 negative accounts have appeared on the 9th of March 2020, totalling 340k USD which is in line with the Bank39;s risk appetite. Dukascopy Bank will clear those negative accounts, at its expense, without asking any compensation from clients. All risk mitigation measures in place have proved to be effective and adequate to ensure the stability of the Bank during current and previous extraordinary market events abandon of the EURCHF peg, BREXIT, Trump election, etc.. Such measures are regularly reassessed and adjusted by the Bank. The Bank would like to reassure its clients and other business partners that Dukascopy Bank, Dukascopy Europe and Dukascopy Japan continue to be reliable and stable trading counterparties.