Lower levels of market volatility resulted in a normalised contributions from hedging and treasury activities in H1 2023.

Leonteq has reported profit before taxes of CHF25.2m (US$28.8m) for the first half of 2023 – down 82% compared to the prior year period (H1 2022: CHF145.8m). Group net profit, at CHF28.8m, also fell (H1 2022: CHF118m). In a semester marked by inflationary pressures and related hikes in interest rates, the company’s client franchise remained strong with a stable number of 890 clients actively entering transactions on its platform (H1 2022: 896). Leonteq’s performance in the f

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