New York and London – CitiFX Pro has been named “Best Retail Platform” by FX Week at their 2011 e-FX awards. The award recognizes industry excellence in a bank or vendor platform designed for electronic foreign exchange trading by individuals and small institutions.
“We are very pleased to have been named the best retail platform by FX Week and we believe that the award reflects CitiFX Pro’s dedication to competitive pricing along with fast and accurate execution,” said Sanjay Madgavkar, Global Head of Margin Foreign Exchange Trading at Citi. “We continue to refine and enhance the CitiFX Pro platform to bring the best features to our clients, including Meta Trader 4 and proprietary desktop, web and mobile platforms,” said Mr. Madgavkar
Through CitiFX Pro, Citi is currently the only major U.S. bank offering margin foreign exchange trading for small to mid-sized institutions and sophisticated individual investors. CitiFX Pro provides clients the highly regarded technical and fundamental research available to institutional clients and offers highly competitive pricing on over 130 currency pairs, with spreads potentially as low as 1.2 pips for EUR/USD trades.
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About CitiFX Pro
CitiFX Pro is Citi’s online Forex trading platform for active individual and small institutional clients including commodity trading advisors, broker-dealers, money managers, and hedge funds. Additional information may be found at http://www.citifxpro.com.
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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 www.citigroup.com