The daily turnaround investment services agreement is aimed at helping investors facilitate decisions amid market fluctuations, Asian Investor reports.
Citi Securities and Fund Services, a division of the banks 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.
The full story is available at the Asian Investors web-site.