Swissquote launches Robo-Advisor app for Android gadgets

Maria Nikolova

The Robo-Advisor creates a personalised investment portfolio and monitors it 24 hours a day, continuously optimising it in order to maintain one’s chosen level of risk.

Swiss provider of online financial and trading services Swissquote Group Holding SA (SWX:SQN) has released a new mobile application for Android-based gadgets. Swissquote’s Robo-Advisory solution aims to offer easy and accessible digital asset management. 

The Robo-Advisor creates a personalised investment portfolio for a user of the app and monitors this portfolio 24 hours a day, 7 days a week, continuously optimising it in order to maintain one’s chosen level of risk.

The app provides its users with direct access to their Robo-Advisor accounts. Traders can view account status and performance (including absolute return, TWR and CVaR).

Users of the solution can also access their current strategy and chosen level of risk, and the reallocation frequency and a range of securities.

The app also provides graphics for viewing changes in performance and display transactions that have been carried out, as well as important events.

Level 3 card is required only for one’s first login or if a user is switching accounts.

In August 2018, Swissquote ePrivate Banking mobile application for iOS-based devices changed its name to Swissquote Robo-Advisor.

The company mentioned the upgrade to its robo-advisory platform in the end of July when it reported its results for the first half of 2018. Back then, Swissquote said that the Robo-Advisory platform has been completely overhauled, and that it sports a new, client-friendly design.

Read this next

Digital Assets

Societe Generale launches its own cryptocurrency, EURCV

French banking giant Societe Generale has launched its own euro-pegged stablecoin, EUR CoinVertible (EURCV). This move by France’s third-largest bank reflects the increasing trend of mainstream financial institutions embracing cryptocurrencies on a global scale.

Executive Moves

Stelios Eleftheriou leaves NAGA Group to join BVNK

BVNK, the crypto-powered payments and banking platform for businesses, has appointed FX industry veteran Stelios Eleftheriou, who has a colorful career across the gaming industry, as Business Development Director (CFD & iGaming).

Retail FX

CAPEX.com introduce ETFs on UAE, Saudi stocks

Abu Dhabi-based broker CAPEX.com has expanded its asset class offerings to include a new suite of Exchange-Traded Funds (ETFs) tailored for the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA) markets.

Institutional FX

Tradeweb Markets surges past $1.80 ADV in November

Tradeweb Markets Inc. (Nasdaq: TW) has reported a total trading volume of $38.2 trillion and a record average daily volume (ADV) of $1.80 trillion for November 2023. These figures mark a 59.2% year-over-year increase.

Inside View

A Mission in Accounting

Ismael Haber, an auditor and accountant, has made it his mission to help businesses improve the quality of their financial information by eliminating fraud and error. In the next five years, the demand for these specific financial services, being external financial audits, forensic accounting, and other fraud preventive and detective services is envisaged to increase.

Institutional FX

CME Group to launch new spot FX marketplace ‘CME FX Spot+’ in 2024

US derivatives exchange, CME Group today announced plans to introduce ‘CME FX Spot+’, a novel spot foreign exchange (FX) marketplace.

Interviews

FMLS:2023: Andrew Mreana provides an exclusive sneak peek into cTrader’s 2024 innovations

cTrader’s focus for the next year would be on developing new tools for Introducing Brokers (IBs) and partners, particularly those related to algorithmic (algo) trading, the company’s head of growth told FinanceFeed in an exclusive interview at the Finance Magnates London Summit 2023.

Digital Assets

Grayscale’s Ethereum ETF stalls: SEC extends review to January 2024

The United States Securities and Exchange Commission (SEC) has extended the evaluation period for Grayscale’s proposed Ethereum spot ETF.

Institutional FX

BMLL completes China equity data offering: Shanghai, Shenzhen, and Hong Kong

“Demand for China data has never been higher. This is set against a general industry trend of increased market participant sophistication, and an increasing demand for quality historic market data to understand market microstructure and venue behaviour. Market participants need to get the full picture of market quality, liquidity and order book dynamics to ultimately make better informed decisions on the markets they trade and the venues they run.”

<