Citibank's Private Banking Unit Uses MarginMan

LONDON--The private banking division of Citibank has begun a global rollout of the MarginMan, version 2, collateralized FX and currency options trading software from Dublin-based International Financial Systems (IFS).

The latest version of MarginMan is being deployed at 50 trading positions spread across Citibank floors in London, New York, Singapore and Zurich--a process that began in April, say sources close to the bank. The bank plans to install

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