Currency Pairs Offered
CitiFX Pro supports trading in over 130 currency pairs.
| Currency Cross |
Maximum auto-trade amount1 |
CitiFX Pro Spread (PIPs)2 |
Margin Requirement
Initial/Weekdays/Weekends
|
| AUDUSD | AUD 10,000,000 | 4 | 2.0 / 2.0 / 2.0 % |
| EURGBP | EUR 15,000,000 | 3 | 2.0 / 2.0 / 2.0 % |
| EURJPY | EUR 7,500,000 | 5 | 2.0 / 2.0 / 2.0 % |
| EURUSD | EUR 21,000,000 | 2 | 2.0 / 2.0 / 2.0 % |
| GBPUSD | GBP 10,000,000 | 4 | 2.0 / 2.0 / 2.0 % |
| USDCAD | USD 6,000,000 | 3 | 2.0 / 2.0 / 2.0 % |
| USDCHF | USD 20,000,000 | 4 | 2.0 / 2.0 / 2.0 % |
| USDJPY | USD 10,000,000 | 3 | 2.0 / 2.0 / 2.0 % |
| USDMXN | USD 2,000,000 | 55 | 4.0 / 4.0 / 4.0 % |
| USDZAR | USD 2,000,000 | 85 | 4.0 / 4.0 / 4.0 % |
1CitiFX Pro will endeavour to provide support for automated dealing in
the amounts indicated. However, from time to time market conditions may be such
that the amounts are reduced. If you wish to deal in an amount which is greater
than that supported automatically, you may either break your trade into smaller
sizes, or you can request your full trade size and your price will be generated
in the system by one of our dealers.
2CitiFX Pro will endeavour to provide you with tradeable prices which
are as per this table. In periods of high market volatility, or when there is very
low liquidity, CitiFX Pro may widen these spreads in line with standard market practice.
Spreads
The target bid/ask spreads are available under normal market conditions. In periods
of volatility or poor liquidity, the spread may be increased.
Auto-execution amounts
CitiFX Pro aims to provide auto-execution in amounts up to those indicated in the
chart. In periods of volatility or poor liquidity, auto-execution amounts may be
reduced (in some cases, auto-execution may be disabled altogether). In these cases
your deal request will be picked up manually, normally within a few seconds.
Rollovers
Spot FX positions held at the end of the business day before their Value Date will
be rolled over to a new Value Date on a Tom/Next basis. As part of the rollover,
positions are subject to a swap charge or credit based on the LIBOR/LIBID interest
rates of the two traded currencies with an added markup of +/- 0.25%.
In addition to the swap charge or credit, an interest component of LIBOR/LIBID +/-
0.5% will be credited or debited at rollover for any unrealized profit or loss on
the position.
The financial impact of the rollover is expressed through an adjustment to the opening
rate of your trade. You will be able to see the impact of the rollovers on your
account within the CitiFX Pro trading tool.