Swissquote adds ESG score to stock offering

Rick Steves

Swissquote has launched an ESG investing feature that empowers customers to invest in their true values without compromise.

Development of Financial Passport across all sectors

Striving to deliver a positive contribution to society, Swissquote has chosen to be exemplary when it comes to applying ESG criteria in its strategic decisions and day-to-day activities.

The brokerage firm has previously launched its own sustainability report as well as an ESG investing offering covering ETFs and Themes Trading certificates.

Swissquote is making an impact by providing ESG insights to its half a million customers

Swissquote is now taking one step further by upgrading its trading platform with a new, comprehensive ESG feature that includes information on the ecological, environmental and governmental impact of a large number of stocks.

Now, with the ESG feature in place, every company has an ESG score displayed as well as the breakdown of the ecological, environmental and governance parts.

Investors have now the possibility to set filters to their portfolio, include and exclude different ESG impacts, therefore select from eleven positive impact criteria (such as green innovation, human rights, business ethics, etc.) as well as from nine negative impact criteria (such as animal testing, weapons, alcohol, etc.).

For all investors that lack trading ideas, the platform includes a responsible trading inspiration and stock picking option, whereas the depicted sections are dedicated to the best-performing ESG stocks.

Marc Bürki, CEO of Swissquote, said: “We are continuously improving our own ESG profile by strengthening our corporate governance, supporting our employees and tracking our environmental footprint. However, the biggest impact we can make is to motivate our half a million customers to make better investment choices, where better means not only more performance at the same level of risk, but also a higher ESG score for the same parameters. ESG is the 3rd dimension to optimize a portfolio after performance and risk.”

“Our clients are getting increasingly conscious about ESG values. We salute this growing sensitiveness and are using technology to empower our clients to make better informed choices taking into consideration all relevant dimensions on a single stock level because we believe that sustainable investing does not have to be compromise”.

Swissquote launched crypto exchange SQX

In October, Swissquote launched its own crypto exchange: SQX, a centralized trading platform for cryptocurrencies meant to significantly enhance customer experience in the areas of trading, execution, and liquidity.

The FINMA-regulated online trading firm is specialized in both FX and crypto, and while both currency and crypto markets are organised in a decentralised fashion, currency markets function on the back of long-standing bilateral relationships. The crypto markets, in contrast, have evolved into a network of exchanges.

That’s why Swissquote argues that the ideal solution to source the best liquidity conditions from the cryptocurrency markets is SQX’s new central order book, which sources and aggregates liquidity from different liquidity hubs, resulting in more competitive bid and ask prices than before – and all within a secure trading environment, available 24/7.

Read this next

Institutional FX

Finalto expands NDFs line-up with Taiwanese dollar

Finalto announced today that it has expanded its non-deliverable forwards (NDFs) offering with the addition of Taiwan’s dollar to its trading platform.

Opinion

It’s time for FX to Harness Crypto’s Potential

Jonathan Cumberlidge, FX Sales Director for BVNK, makes the case for cryptocurrencies in improving the efficiency and flexibility of foreign exchange trading.

Digital Assets

Owner of OptionMint, OptionKing, and OptionQueen gets 30 months in prison

A US federal judge has sentenced Ohio resident Jared Davis, who was found guilty for his participation in a multi-million fraud scheme carried out by Israeli-run binary options websites.

Executive Moves

iS Prime co-founders Raj Sitlani and Jonathan Brewer leave, but “business as usual”

“For our clients and teams at iS Prime, iS Risk and iS Prime Hong Kong, it is business as usual. We will be increasing our investment in our technology and staff, putting our clients first as we drive the business forwards to maintain our market leadership position.”

Digital Assets

Germany-focused DekaBank taps METACO for digital asset custody offering

“Digital assets are a critical part of the future, a radical new way for how assets will be represented, from currencies to real estate.”

Technology

Eventus launches AML solution for TradFi and digital asset space

“Firms operating in traditional financial markets and digital assets alike are facing greater challenges than ever to protect themselves from those presenting a risk to their businesses and reputations, along with their standing with government regulators.”

Industry News

Qomply launches direct-to-FCA trade report solution that bypasses ARM

“Certainly, for back-reporting large volumes of data, QomplyDirect removes extra ARM fees by offering the flexibility of sending reports directly to the FCA via a firm’s own infrastructure.”

Executive Moves

BNP Paribas AM appoints Geoff Dailey as Deputy Head of US Equities

“Geoff has more than 20 years’ experience in the industry and as a key, senior member of the team with a strong investment pedigree and leadership profile, he is the natural successor for Pam.”

Retail FX

BUX joins forces with BlackRock for iShares ETFs offering in 7 European countries

“By joining forces with Blackrock, a renowned expert in financial markets and products, we have created a good solution for clients that are overwhelmed by the choice of products and don’t know how and when to start investing. Together, BUX and BlackRock can make a real impact on how Europeans invest and approach their financial future.”

<