{"id":20823,"date":"2011-04-26T12:09:23","date_gmt":"2011-04-26T16:09:23","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20823"},"modified":"2011-04-26T12:09:23","modified_gmt":"2011-04-26T16:09:23","slug":"citi-continues-to-expand-citifx-pro","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/04\/26\/citi-continues-to-expand-citifx-pro\/","title":{"rendered":"Citi Continues to Expand CitiFX Pro"},"content":{"rendered":"<p>New York, April 26, 2011 &#8211;  \u00a0Amid changes in the marketplace, Citi (NYSE: C) continues to expand  the services of CitiFX Pro, its margin <a href=\"http:\/\/www.citifxpro.com\/\" target=\"_blank\">foreign exchange trading platform<\/a> for small- to mid-sized institutions and experienced individual traders, and reaffirms its commitment to the margin FX market.<\/p>\n<p>In 2011, CitiFX Pro plans  to launch in other key European, Middle Eastern and Asian markets. In  addition, CitiFX Pro plans to introduce a new FIX-API solution which  will provide state-of-the  art technology to sophisticated clients. This service will be available  to clients in May 2011.<\/p>\n<p>\u201cWe have been extremely  pleased with the response to CitiFX Pro among small- and mid-sized  institutions as well as experienced individual traders,\u201d said Sanjay  Madgavkar, Global Head of Margin  Foreign Exchange Trading at Citi. \u201cIn order to meet growing demand from  this important segment of the margin FX market, we are increasing our  investment in the product, particularly in relation to technology. We  expect our new API solution will offer market-leading,  low-latency liquidity to active FX traders.\u201d<\/p>\n<p>Since its launch in 2008  in the United States, CitiFX Pro has expanded to new markets including  the United Kingdom, Switzerland, Singapore and other Asian markets and  has become one of the  leading platforms in targeted segments of the FX market.<\/p>\n<p>CitiFX Pro offers highly  competitive spreads starting from 1.2 pips in the EURUSD for individual  clients and provides its users access to both CitiFX Strategy and  Technical reports\u2014both of  which consistently rank at the top of the market polls. Its platform  was named <a href=\"http:\/\/eon.businesswire.com\/news\/eon\/20110414006150\/en\" target=\"_blank\"> Best Retail Platform<\/a> by Profit &amp; Loss magazine for the past two years running. Citi will  soon be the only major bank offering Margin FX in the United States.<\/p>\n<p>\u201cWith CitiFX Pro, we  believe we have the right platform to service this important client  segment\u201d, said Jeff Feig, Citi\u2019s Global Head of G10 Foreign Exchange.  \u201cOur latest investment shows our  commitment to this growing market and will ensure CitiFX Pro will offer  its clients the highest standards of technology and liquidity.\u201d<\/p>\n<p><strong> <\/strong><\/p>\n<p><strong>About CitiFX Pro <\/strong><\/p>\n<p>CitiFX Pro is Citi\u2019s online <a href=\"http:\/\/www.citifxpro.com\/\" target=\"_blank\">forex trading platform<\/a> for active individual and small institutional clients including  commodity trading advisors, broker-dealers, money managers, and hedge  funds.  Additional information may be found at <a> www.citifxpro.com<\/a>.<\/p>\n<p><strong>About Citi<\/strong><\/p>\n<p>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, and wealth  management. Additional information may be found at <a href=\"http:\/\/www.citigroup.com\/\" target=\"_blank\"> www.citigroup.com<\/a> or <a href=\"http:\/\/www.citi.com\/\" target=\"_blank\">www.citi.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid changes in the marketplace, Citi (NYSE: C) continues to expand the services of CitiFX Pro, its margin foreign exchange trading platform for small- to mid-sized institutions and experienced individual traders, and reaffirms its commitment to the margin FX market.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20823","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20823"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20823\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}