UBS reaps volatility rewards in third quarter

In the third quarter, foreign exchange net interest and trading income hit Sfr351 million ($264 million), up from Sfr287 million ($193 million) in the same period the year before.

Martin Wiedmann, global head of FX distribution at UBS in Zurich, said Q3 was "an extremely good quarter, as market volatility caused big moves that were friendly to us." The quarter also showed strong results for its e-commerce business, with record FX volumes on its online platform (FX Week, October 6).

Wiedmann

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: