Citigroup Private Bank first with collateralised Web FX

NEWS

LONDON -- Citigroup Private Bank aims to be the first institution to offer live collateralised FX trading on the Web when it rolls out International Financial Systems' new MarginMan-Gate product in May.

The new system will enable Citigroup Private Bank clients to trade FX online on margin, executing large trades using less collateral.

The system will initially be installed at Citigroup Private's collateralised trading offices in London, Zurich and New York. Citigroup will be the first client to

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