Citi Launches CitiFX Pro Trading Platform in UK | Business Wire

LONDON–(BUSINESS WIRE)–Citi has launched CitiFX Pro, its online foreign exchange trading

platform for experienced individual and small institutional traders, in

the United Kingdom. Following successful launches in the US, Hong Kong

and elsewhere in Asia, CitiFX Pro is now available to UK traders who

qualify as “professional clients,” as defined by the rules of the

Financial Services Authority.

Sasha Serebrinsky, Citi’s Manager of Margin Foreign Exchange for Europe

and the Middle East said, “The UK launch of CitiFX Pro offers UK-based

clients all of the advantages of trading FX through a global leader,

including excellent liquidity and access to its highly regarded research

and market commentary. We offer experienced individuals and small

institutions a flexible product with tight pricing, which could make a

difference to our clients’ bottom line.”

CitiFX Pro offers highly competitive pricing to UK clients – as low as

1.2 pips in the EUR/USD. The CitiFX Pro platform provides liquidity in

over 130 currencies and research from local sources in key markets.

Clients can access accounts and trade on a real-time basis on four

platforms: CitiFX Pro Desktop,

Web,

Mobile

and MetaTrader

4.

Sanjay Madgavkar, Global Head of Margin Foreign Exchange trading at

Citi, said, “The UK launch of CitiFX Pro is an important step for our

global business. We're pleased to bring our value proposition of

cost-effective trading and great technology and liquidity to clients in

a key global FX market. We look forward to launching CitiFX Pro in other

markets in Europe and Asia in 2011.”

About CitiFX Pro

CitiFX

Pro is Citi’s online forex

trading platform for experienced individual and small institutional

clients including commodity trading advisors, broker-dealers, money

managers. Hedge funds. Additional information may be found at www.citifxpro.com.

About Citi

Citi, the leading global financial services company, has approximately

200 million customer accounts and does business in more than 160

countries and jurisdictions. Through Citicorp and Citi Holdings, Citi

provides consumers, corporations, governments and institutions with a

broad range of financial products and services, including consumer

banking and credit, corporate and investment banking, securities

brokerage, transaction services. Wealth management. Additional

information may be found at www.citigroup.com

or www.citi.com.

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