Clients get hedging help from Citi forex platform upgrade

04/17/2013 | Bloomberg

Citigroup's upgrade to its corporate foreign exchange electronic platform will include tools to help hedge against currency-market risks, according to a statement from the bank. The new system, called Pulse 2.0, will include access to 700 currency pairs, as well as structured options derivatives. "CitiFX Pulse is, and has always been, about corporate foreign-exchange hedging and now more so than ever," Citi's Yi Hahn Chin said in a statement.

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