Irish short-term currency program, FX Momentum, has launched a series of new managed account structures, HFMWeek reports. The new separately managed accounts, which currently total $45 million, trade the U.S. dollar versus euro, yen and pound.
The program will handle short-term changes in prices or volatility levels, improving the program’s risk-reward outlook, in comparison to the trading strategies. The initial managed accounts may be followed by a full fund structure for the FX Momentum program, depending on client demand.
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