CitiFX Techniacls squared-up all of its trades going into year-end.
"As we enter the final stretch of the year, a few loose ends need tying up. Still outstanding are deals on US fiscal stimulus and on Brexit negotiations. Weekend headline risk remains and we are seeing GBP underperform peers this morning. Therefore it may be prudent to close up risk positions, with CitiFX Technicals squaring up all trades for year-end," Citi notes.
"CitiFX Technicals finishes up a strong year and squares outstanding trades to notch an annual return on the portfolio of +14.52% with a Sharpe ratio of 2.72," Citi adds.