Citi posts double-digit FX growth

Although the bank does not publish results for FX trading revenues, it cited "strong double-digit revenue growth" in interest rate and currency trading in its Q3 results published on October 15.

"Strong foreign exchange revenues resulted from our traders' abilities to capitalise on the opportunities presented by the volatile third-quarter markets," said a source at the bank.

Asia had a particularly strong quarter, with fixed-income market revenues almost doubling on the back of interest rate

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