London, June 24, 2011– The readers of Profit & Loss, a leading UK magazine following the global currency and derivatives markets, have given Citi’s CitiFX Pro their “Reader’s Choice” Digital Markets Awards for margin FX trading.
In the bank provider categories, Citi won six awards including Best Retail FX Platform. For the fourth consecutive year, Profit & Loss opened its website in April and May for readers to vote for the best bank, broker and service providers across 14 key categories. This year, more than 10,000 votes were registered making it the largest response to date for the awards.
“We are very happy to be voted the Best Retail FX Platform,” said Sanjay Madgavkar, Global Head of Margin FX Trading at Citi. “We believe P&L’s readers have recognized our continued efforts to bring the best technology, pricing and research to small and mid-sized institutions as well as sophisticated individual traders in the margin FX markets.”
“Margin FX investors benefit from sophisticated technology and competitive pricing,” said Julie Ros, founder of Profit & Loss. “We are pleased that our readers have cited Citi and its CitiFX Pro retail trading platform, which has grown dramatically since its launch in 2008.”
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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. 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 www.citigroup.com or www.citi.com