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Company News

18 Sep 2013

Dukascopy Bank expands its White Label Partners with Hungaria Ertekpapir

Dukascopy Bank expands further into its core European market by establishing a partnership with Hungarian-based brokerage Hungaria Ertekpapir Zrt., based in Budapest. Hungaria Ertekpapir has been established since the early 1990's and remains one of the leading brokers in Hungary. Mr. Alain Broyon, Dukascopy Bank's CEO comments on this new European partnership: “We are excited to expand our footprint into this region with such a reputable broker. Hungaria Ertekpapir will now offer Dukascopy's cutting-edge trading technology, deep liquidity and unique execution”.  Mr. Artur Filipowicz, Head of Institutional Sales for Europe & Asia notes that: “This collaboration will enable Hungaria Ertekpapir to offer to their professional clients Dukascopy Bank's ultra-competitive spreads of 0.24 pips on EUR/USD and world-class quality of execution.
 
Furthermore, through this partnership, Hungaria Ertekpapir will gain access to a large and active FX community of more than 30,000 members. This community enables traders to participate in various contests valued at more than $1 million in total prizes and interact with other traders to generate trading ideas.”
 
Hungaria Ertekpapir Zrt's Head of Trade Mr. Ervin Csengeri comments on this alliance: “We at Hungária Ertekpapír welcome this exciting opportunity to collaborate with Dukascopy Bank. In building an operational partnership with such a high quality bank, our aim is to continue to position ourselves ahead of the competition. We now have access to an even more advanced suite of trading tools, allowing us to expand our ever growing trading arsenal and bring instant gains in our ability to meet the high demands and expectations of our valued clients.” 
 
About Dukascopy Bank SA
 
Dukascopy Bank is the leading Swiss Bank specializing in spot Forex and Bullions Trading. The Swiss company was founded in 2004, to fulfill a market need for advanced technological trading solutions to traders.
Dukascopy Bank offers a unique and transparent Forex Trading Solution based on two main principles. These two values are the core of the ECN-Marketplace technology:
  • Equal Trading Rights: all clients have equal possibilities to provide and consume liquidity within the ECN Marketplace;
  • Transparent Pricing Environment: all clients have access to the same liquidity. Each and every client has the same data feed.
 
During its years of presence in the brokerage market, the popularity of the company has been significantly increasing among individual and institutional clients. Our customers fully rely on Dukascopy Bank's unique execution quality. Furthermore, Dukascopy Bank has expanded its services to offer market information via Dukascopy TV – The Swiss Financial TV. Today, Dukascopy Bank is an innovative bank based in Switzerland offering a unique combination of technological and Forex trading capabilities.
 
Dukascopy Bank continues to follow its primary chosen business model (ECN) and constantly develops its relations with banks and financial institutions to create the world's biggest liquidity aggregator. Simultaneously, the services of the bank become accessible for large private and institutional clients, as well as for clients who trade with smaller account sizes.
 
About Hungaria Ertekpapir Zrt
 
Hungaria Equities Inc. (formerly known as Biztonság Invest Zrt.) is an independent brokerage firmestablished in 1993 and currently owned exclusively by Hungarian owners. The Company is part of a holding, which offers, among other services, insurance mediation and real estate services. Hungaria operates two offices, has subscriber capital of HUF 200 million and has been a member of the Hungarian Investor Protection Fund (BEVA).  Hungaria Equities has been a member of the Budapest Stock Exchange for the best of the last two decades.
 
Following discussion with the client,  the Consulting team in Hungaria Equities will elaborate such efficient investment solutions which best suit your ideas and requirements. From the infinite arsenal of investment opportunities, we can filter the ones that adhere to your investment objectives the most whilst market conscious, drawing on our many years of experience and brilliant partners.
 


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