citi-and-korea-securities-depository-sign-pact

Citi and Korea Securities Depository sign pact

The daily turnaround investment services agreement is aimed at helping investors facilitate decisions amid market fluctuations, Citi says.
August 19, 2008
Citi Securities and Fund Services, a division of the bankÆs global transaction services, has entered into an agreement with the Korea Securities Depository KSD to provide daily turnaround investment services for the Hong Kong and Japanese market.

This marks the first time this service has been available for Korean securities firms, through the KSD, and investors investing into Hong Kong and Japan. The partnership also positions Citi as the only custodian bank to offer daily turnaround investment services in these markets for Korean securities firms and investors.

Citi says this service is expected to help investors facilitate decisions in light of stock market fluctuations, with the goal of reducing investment risks and maximizing returns....
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