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Exclusive: Citi launches passive hedge service
20 April 2010
Citigroup’s Global Transaction Services and Foreign Exchange & Local Markets Group are launching the AutoFX Passive Hedge service
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[Citigroup’s Global Transaction Services Foreign Exchange]
Citigroup’s Global Transaction Services and Foreign Exchange & Local Markets (FXLM) Group are launching the AutoFX Passive Hedge service, which removes a great amount of manual monitoring and execution requirements by clients to make their mandated hedge ratios
The service, Citi says, will provide institutional asset owners with a completely passive, automated hedging...
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