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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

Read more: 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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