FX Markets

ODD LOTS

ODD LOTS

UBS reports net trading income increased 26 per cent in the first quarter to CHF2.104 billion ($1.419 billion), from CHF1.674 billion ($1.1 billion) for the same period last year.

A statement released with the results attributes the increase in trading revenues to the strong performance of the equities and fixed income teams, due to better conditions on the financial markets and a stronger focus on client-driven business.

Although the bank does not break out an FX figure, the statement notes

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