3 Net trading income

(unaudited)
(XLSX:) Download

in CHF thousands

 

First half 2020

 

First half 2019

 

+/− %

*

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.

Foreign exchange trading

 

37'397

 

26'215

 

42.7

Foreign note trading

 

–287

 

–200

 

43.9

Precious metals trading

 

1'195

 

649

 

84.2

Interest rate instruments *

 

8'204

 

107

 

 

Total net trading income

 

46'509

 

26'771

 

73.7