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Citi and Meta Trader 5 gain traction amongst brokers with the integration of CitiFX TradeStream
|HONG KONG - Thursday, January 24th 2013 [ME NewsWire]|
-(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.
Company website: http://www.metaquotes.net
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
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