CitiFX Pro News - Hedge Fund Alert

 

CitiFX Pro News - News Updates

Hedge Fund Alert commented on CitiFX Pro’s expansion plans
06.09.2010

Hedge Fund Alert commented on CitiFX Pro’s expansion plans in Europe and Asia and describes the problem smaller hedge funds face in trading forex:

Smaller managers usually don’t have the heft to meet the minimum trading volumes and financing requirements to trade through a big bank. CitiFX Pro, which isn’t offered through Citi’s prime brokerage, is designed to fill the gap. It makes markets in 140 currencies, and claims to offer more liquidity, better financing terms and lower fees than competing brokerages.


 

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Trading foreign exchange involves a high degree of risk. CitiFX Pro offers trading on margin. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should ensure that you understand the risks and can withstand the losses and that you seek advice from your advisors as appropriate.In the United States, CitiFX Pro is a service offered by Citibank N.A., New York, 390 Greenwich Street, New York, NY 10013. Citibank N.A. is an entity organized under the laws of the United States of America.Please review the Risk Disclosure and Privacy Disclosure carefully before opening an account.
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