3 Net trading income

(XLS:) Download

in CHF thousands

First half 2016

First half 2015

+/− %

*

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.

Securities

166

66

152.9

Foreign exchange trading

16'734

22'452

−25.5

Foreign note trading

705

−1'335

 

Precious metals trading

243

459

−46.9

Interest rate instruments *

−18'593

−10'768

72.7

Total net trading income

−745

10'873