CitiFX Wire has Record Day amid 95% YTD Growth
LONDON--(BUSINESS WIRE)-- CitiFX Wire, Citi's real-time news service for clients, had a record day on March 25 in terms of hits (number of articles clicked and opened). Since the start of the year, CitiFX Wire has seen 95% growth and its year-on-year growth is currently running at more than 580%.
Content on the service is provided by CitiFX's traders, strategists, technical analysts, economists and a team of dedicated editors. Given CitiFX's position in the global FX market, the breadth of vision provided is unrivalled, and CitiFX Wire provides a range of reports from short-term intraday commentary to longer-term macro research, and also covers both G10 as well as onshore and offshore emerging markets.
CitiFX Wire is disseminated on the bank's trading platforms, its website and through its mobile applications. In addition, clients can subscribe to receive delayed content by email. Currently, around 750,000 emails are sent out every week. CitiFX Wire is probably the most widely read institutional FX information platform in the world, providing a valuable service for both the bank's staff and clients.
"We knew that we had a lot of valuable information in our system and CitiFX Wire was set up to pull all of that together. Clients are now flocking to it as it presents all of this information in real time in a single location. We provide minute-by-minute commentary from our global traders, as well as longer last research and analysis on macro trends and other developments. It is a unique and powerful differentiator for our platforms," says Simon Jones, global head of FX e-trading.
Notes to Editors
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.
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