3 Net trading income

(unaudited)
(XLS:) Download

in CHF thousands

  

First half 2018

  

First half 2017

  

+/− %

*

The LLB Group uses interest rate swaps for trading and hedging purposes. If the interest rate swaps do not fulfil the approval criteria according to IAS 39 in order to be booked as hedging transactions, they are treated as interest rate swaps for trading purposes.

Trading portfolio assets

  

6

  

136

  

–95.3

Foreign exchange trading

  

28'645

  

25'503

  

12.3

Foreign note trading

  

–176

  

775

  

 

Precious metals trading

  

401

  

607

  

–33.9

Interest rate instruments *

  

5'508

  

11'537

  

–52.3

Total net trading income

  

34'385

  

38'558

  

–10.8