- Pharma Opportunity Certificate allows clients to invest in a portfolio of pharma and biotech companies seeking solutions to the pandemic
- Actively managed product offers increased growth potential and broad diversification
- Dubai, UAE – June 28th, 2020: Swissquote Bank Ltd, a global provider of online financial and trading services, has announced a new trading certificate, which enables investors to actively support companies in their fight against COVID-19.
Available to investors in the GCC through Swissquote MEA, Swissquote’s Pharma Opportunity Certificate allows its clients to invest in a comprehensive and diversified portfolio of the world’s leading pharmaceutical and biotech companies that are seeking solutions to put an end to the pandemic.
Commenting on the announcement, Dino Ibric, Vice Director at Swissquote MEA said: “2020 will undoubtedly go down in history as the year of COVID-19. What initially seemed to be a small epidemic limited to China has since spread out across the entire globe, seriously affecting societies and economies, and dramatically impacting our way of life. While most of us feel powerless in the face of all these events, our clients now have the opportunity to support the fight against the Coronavirus by investing in companies that are researching the solutions for it.”
There has been an unprecedented eruption of global pharmaceutical research and development related to COVID-19. More than 330 clinical studies and 80 vaccine candidates are currently under review, while Big pharma and biotech companies across the world are working to find a drug to manage or defeat COVID-19. With the Pharma Opportunity Certificate, Swissquote’s customers can now invest in the performance of companies that are actively working on medicines to combat the Coronavirus by developing vaccines or treatments.
The certificate allows for diversification of investments and is traded on the SIX Swiss Exchange with flat transaction costs for Swisssquote MEA clients.
Based in the Dubai International Financial Centre, Swissquote MEA holds a category 3A license from the Dubai Financial Services Authority (DFSA). The prestigious and innovative Swiss entity is paving the way for the future of online banking in the Middle East, offering multi-asset trading platforms, dedicated offshore banking and trading accounts for expatriates and company/institutional services.
Swissquote MEA is the only financial entity in the GCC region offering multi-currency offshore accounts without a minimum balance, as well as market-leading Forex rates and a credit card offering transactions in up to 12 currencies, making it a popular choice for financially savvy GCC-based expatriates.
In addition to its digital corporate and retail account services, Swissquote MEA offers numerous trading and investment benefits, including access to over three million financial products from stock markets across the world, as well as real time tools for analysis and research, themed investment portfolios, cryptocurrency trading, and online guidance and webinars for first-time investors.
Swissquote is a major brand partner of world-renowned English Premier League team Manchester United. The partnership was a natural choice, as both organisations have reached the top of their game through passion, teamwork and an unwavering commitment to excellence.
Swissquote – The Swiss Leader in Online Banking
As a leading provider of online financial services, Swissquote offers innovative solutions and analysis tools to meet the wide range of demands and needs of its clients. As well as various online trading services, the user-friendly platform also provides solutions for eForex, Robo-advisory and eMortgage. In addition to a low-cost service for private clients, Swissquote also offers specialized services for independent asset managers and corporate clients. Swissquote Bank Ltd holds a banking license issued by its supervisory authority the Swiss Federal Financial Market Supervisory Authority (FINMA) and is a member of the Swiss Bankers Association. Its mother company, Swissquote Group Holding Ltd, is listed on the Swiss stock exchange SIX (symbol: SQN).
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