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"The bank's novel approach was well received by treasury, finance and investment officers of top local companies and financial institutions"
said Raj Dvivedi, Citigroup Country Officer in Kuwait.
Seminar covered main money market and foregn exchange topics including structure of rates, FX swaps and interbank dealing. The trading floor was abuzz with activity and excitement as teams representing fictitious banks placing foreign exchange rates bids and keying in orders at brisk pace, "traders" yelling on telephones and groups of people in serious discussion over hedging and investment strategies. Seminar ended with a competition for best 'trading bank' and attendees received seminar certification.
"The response to this unprecedented approach has been very encouraging. Trainees learned from the hands-on experience and developed a more insightful understanding of investment opportunity as well as risk, and how markets worked on a global scale," said Dvivedi.
"The trading floor scenario demonstrated to our clients the sophistication in markets and the transparency in the approach and execution that Citigroup practises as it acts on behalf of clients," added Mr. Adour. "Seminar provided a tremendous insight on the mechanics of FX dealing, and all attendees have called for a repeat."
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Posted by Anne-Birte Stensgaard, Senior News Editor
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