3 Income from trading activities
in CHF 1,000 | 01.01.– 30.06.2026 | 01.01.– 30.06.2025 | Variance absolute | Variance in % |
Securities trading1, 2 | 423 | 18 | 405 | n.a. |
Foreign currency2 | 15,006 | 18,261 | –3,255 | –17.8 |
Banknotes, precious metals and other | 880 | 663 | 217 | 32.7 |
Total income from trading activities | 16,309 | 18,942 | –2,633 | –13.9 |
1The results from derivatives for the purposes of risk minimisation (other than interest-rate derivatives) are included in this item.
2Expenses directly related to foreign exchange transactions are now reported under “Foreign currency.” As a result, net income from securities trading for the prior year has increased by CHF 1.743 million to CHF 0.018 million, while net foreign currency income has decreased by the same amount to CHF 18.261 million. This reclassification has no further impact on the consolidated financial statements.