Saturday, September 3, 2011

Citi China sweeps Asiamoney’s 2010 Corporate FX Poll

October 26, 2010, Shanghai Citi China has once again ranked number one among foreign FX providers, in Asiamoney’s 010 Corporate FX Poll in which it dominated all categories.

“We are delighted to have received such extraordinary recognition from the industry, the 2010 results of the poll extending our winning position achieved in 2009. We are grateful to our clients for their support and recognition, and we believe this result is a strong testimony to our market leading FX capabilities in China, said Hu Shenghua, Head of Markets, Citi China.

In this year’s poll, Citi China was top ranked across the board, including:

  • Best for Overall FX Services
  • Best for Currency Strategy
  • Best for Competitive and Prompt Spot Pricing
  • Best FX (Vanilla) Options Provider for Local (Asian) Currencies
  • Best FX (Vanilla) Options Provider for Non-Asian Currencies
  • Best for Competitive and Prompt Forward Pricing
  • Best FX Prime Broking Services
  • Best for Macroeconomic Research
  • Best Post-trade Services, Including Back-office and Best Customer Service.
  • This year’s FX Poll was considered the largest ever, with a record 2,082 respondents consisting of senior treasury and financial executives from across the Asia-Pacific region. These respondents represent 1,789 different institutions comprised of 415 financial and 1,345 non-financial companies.

    The poll, which was conducted between June and August, asked respondents to rank FX providers according to innovation, pricing, and client service.

    In addition to Citi China’s leading position, for the fifth straight year Citi Asia Pacific was recognized as Best Regional Provider for Overall FX Services award in the Corporates category. With more than 10,000 active customers in Asia, Citi is considered one of the broadest-spanning FX service providers in the region, covering retail, SMEs, corporates, financial, and multi-national companies. Citi has 13 corporate sales and structuring branches throughout Asia with over 200 experienced sales personnel covering the region’s FX markets.

    Since 1989, Asiamoney has been providing reporting and analysis of the financial and investment markets for capital issuers, borrowers, institutional investors and senior corporate and government monetary decision-makers with business interests in Asia-Pacific countries.

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