3 Income from trading activities

in CHF 1,000

01.01.– 30.06.2025

01.01.– 30.06.2024

Variance absolute

Variance in %

Securities trading1

–1,725

–183

–1,542

n.a.

Foreign currency2

20,004

14,024

5,980

42.6

Banknotes, precious metals and other

663

791

–128

–16.2

Total income from trading activities2

18,942

14,632

4,310

29.5

1The results from derivatives for the purposes of risk minimisation (other than interest-rate derivatives) are included in this item.

2Changes to presentation (note 1 and principles underlying financial statement reporting). The prior-year comparative figures were reduced by CHF 23.4 million.