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  • 2017.01.03
    Publication of Consolidated Quarterly Report for 3Q 2017
  • 2017.01.03
    Publication of Consolidated Semi-Annual Report for 1H 2017 [original date, amended on 24 August 2017: CR no. 27/2017]
  • 2017.01.03
    Publication of Consolidated Quarterly Report for 1Q 2017
  • 2017.01.03
    Publication of Annual Report and Consolidated Annual Report for 2016
  • 2016.11.14
    XTB financial results for the 3rd quarter of 2016

    In the 3rd quarter of 2016 X- Trade Brokers Dom Maklerski recorded PLN 4,24 million of consolidated net profit attributable to shareholders of the Parent Company, in comparison to PLN 50,94 million recorded in the same period of 2015. Profit on operating activities amounted to PLN 8,42 million as compared to PLN 60,95 million y/y. Consolidated operating income reached the level of PLN 42,80 million in the 3rd quarter of 2016 as compared to PLN 95,70 million y/y. Cumulatively for the three quarters of 2016 the Group generated the consolidated net profit attributable to shareholders of the Parent Company of PLN 27,29 million as compared to PLN 102,53 million y/y. Consolidated operating income for the three quarters reached PLN 156,62 million as compared to PLN 225,19 million y/y.

     
    The 3rd quarter of 2016, analogously to the 2nd quarter, was a period free from the unexpected and extraordinary market events or strong long-term trends. The clearly lower volatility observed in the nine-month period of 2016, in comparison to the same period of the previous year, created fewer investment opportunities to the XTB clients. As a consequence, XTB as well as its competitors with the same business profile, experienced decrease in turnover of financial instruments and hence a drop in the Group revenues.

     
    An important event in the 2016 was Brexit, i.e. voting of Great Britain on possible exit or remaining of the country within the European Union. Thanks to the precautionary actions undertaken by the financial markets, volatility on the markets caused by the referendum did not repeat the scenario from January last year, when excessive market volatility was recorded as a result of an unexpected SNB decision to discontinue the policy of defending the CHF exchange rate. Preparing to the voting, the Group raised minimal deposits on instruments exposed to sharp movements (currency pairs with GBP, European indices). This action was undertaken in order to limit the clients’ exposure to the above mentioned instruments and this goal was achieved.

     
    In spite of the limited market volatility observed during the current year (which resulted in lower average operating income per active account y/y), XTB consequently builds up clients base for future growth. The number of new accounts and average number of active accounts is growing in the subsequent quarters of 2016. In the 3rd quarter of the year the number of new accounts increased by 20% y/y and average number of active accounts increased by 10% y/y. The Management Board believes that increasing number of new and active accounts and a strong brand in combination with more favorably market volatility are solid foundations for future growth.

  • 2016.10.12
    Closed period in connection with the publication of the 3Q 2016 report: 15.10.2016 – 14.11.2016

    According to Art. 19 § 11 of the Regulation (EU) No 596/2014 Of The European Parliament And Of The Council of 16 April 2014 on market abuse (market abuse regulation) a person discharging managerial responsibilities within an issuer shall not conduct any transactions on its own account or for the account of a third party, directly or indirectly, relating to the shares or debt instruments of the issuer or to derivatives or other financial instruments linked to them during a closed period of 30 calendar days before the announcement of an interim financial report or a year-end report which the issuer is obliged to make public.

     

    Therefore, persons discharging managerial responsibilities within X-Trade Brokers DM S.A. (the Company, XTB), i.e., in accordance with the market abuse regulation, persons closely associated with the Company, who are members of the administrative, managerial or supervisory authorities, or keep managerial positions within XTB not being members of the above authorities, at the same time having permanent access to inside information related directly or indirectly to the entity and the power to make managerial decisions affecting the further development and business perspectives of the entity, are covered, in relation to the publication of the report for III quarter of 2016, by the closed period starting from 15 October till the date of publication of the above quarterly report, i.e. 14 November 2016.

  • 2016.10.03
    Publication of Consolidated Report for the 3rd quarter of 2016
  • 2016.09.02
    Pawel Szejko about the situation of XTB after 1H 2016
  • 2016.08.26
    XTB DM S.A. announces financial results for the first half year 2016

    Unlike the 2015 Swiss Franc depegging, this year’s first six months have not been influenced by unexpected market events. Regardless, results for first quarter of 2016 has remained at appropriately high level. It is the second quarter of 2016 that brought attention to the increasing complexity of client vs. market correlations. In the first three months the Group has accomplished the expected level of key performance indicators (KPI). In the institutional segment new liquidity contracts have been put into action and the spectrum of business customers enlarged. On the retail side, the performance remained at similar levels compared to the previous year. In the second quarter of 2016 the Group’s results have been influenced by the range trading, growth of markets supported by low interest rates commitment.

     

    Combination of all these factors have resulted not only in the drop of financial instruments volume traded in lots, but also in lower responsiveness to marketing activities. Growth, compared to the first half of 2015, has been 10,1% in case of active accounts and the total amount of open accounts has hit 25,6% increase. Despite this, the volume traded among our retail and business partners has dropped by 15,8%, and resulted in 6,3% decrease in total deposits. According to our retail marketing communication strategy, we have engaged in global branding campaign using an actor, Mads Mikkelsen. Admittedly, the creation of such campaign has resulted in significant increase of marketing expenses.

     

    What is more, in the second quarter of 2016 we have all witnessed historical vote of the United Kingdom, placing it onto the road of leaving the European Union. Brexit has been a very well covered and expected event on the markets, followed by the whole world, causing a market stir, but didn’t follow the same scenario as we have seen in January last year.

  • 2016.08.11
    XTB DM S.A. official debut on the Warsaw Stock Exchange