Citi and Meta Trader 5 gain traction amongst brokers with the integration of CitiFX TradeStream
HONG KONG--(BUSINESS WIRE)-- Following the successful integration of Citi's TradeStream solution with the Meta Trader 5 trading platform in 2012, a number of brokers have now successfully deployed the combined solution.
CitiFX TradeStream provides aggregated liquidity from a selection of liquidity providers without the need to engage a prime broker or a third party technology provider for price aggregation. This state-of-the-art low latency technology is targeted at mid-sized institutions and regulated brokers, available through multiple technology channels such as Meta Trader.
Alex Knight, head of Citi's FX Margin Trading business said: "All brokers are looking for access to high quality liquidity that is delivered to them by a provider with strong credentials in a manner that is simple and efficient. The market is telling us that CitiFX TradeStream meets these requirements, and we are thrilled that our integration with Meta Trader 5 is delivering the results that we hoped for."
MetaQuotes Software Corp. has been developing and adding functionality into MetaTrader 5 to strengthen the operational efficiencies of brokers. CitiFX being one of the first integrations for Liquidity for MetaTrader 5, has been a breakthrough Liquidity solution and a popular choice for many of our brokers.
Gaies Chreis COO of MetaQuotes mentions: "We are always aiming to deliver the most efficient all-in-one business solutions to our clients through our trading technologies that enhance both: the quality of trading services and business opportunities for the brokers. The native integration of MetaTrader 5 Platform with CitiFX TradeStream solution has blended well into this philosophy and has already been the choice of many brokers seeking for a quality liquidity solution."
MetaQuotes Software Corp. is a professional developer of software applications for financial markets. With more than a decade of experience, the company is a market leader, providing one of the best forex trading software packages. The company's MetaTrader 5 trading platform provides features for trading not only on the forex market but also on stock exchanges.
Citi, the leading global bank, 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 Twitter: @Citi YouTube: www.youtube.com/citi Blog: http://blog.citigroup.com Facebook: www.facebook.com/citi LinkedIn: www.linkedin.com/company/citi
Godwin Chellam, 852 2868 7738
KEYWORDS: Asia Pacific Hong Kong
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