FX Markets

STATISTICS

STATISTICS

Swiss Bank Corporation reports a 63 per cent increase in net foreign exchange trading income for 1996 to CHF989 million ($733 million) from CHF608 million ($529 million) a year ago. Of particular note is the balanced distribution of trading revenues across equities, foreign exchange and interest rates, officials say. Rate products (which includes emerging markets, derivatives, bonds and interest rate products) rose 25 per cent to CHF991 million ($734 million) from CHF792 million ($689 million)

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