UK launch follows successful launches in the US, Hong Kong and elsewhere in Asia.
Citi said CitiFX Pro is now available to UK traders who qualify as professional clients, as defined by the rules of the Financial Services Authority (FSA).
Citi’s manager of Margin Foreign Exchange for Europe and the Middle East Sasha Serebrinsky said the UK launch of CitiFX Pro offers UK-based clients all of the advantages of trading FX through a global leader, including excellent liquidity and access to its highly regarded research and market commentary.
"We offer experienced individuals and small institutions a flexible product with tight pricing, which could make a difference to our clients’ bottom line," Serebrinsky said.
CitiFX Pro offers competitive pricing to UK clients – as low as 1.2 pips in the EUR/USD. The CitiFX Pro platform provides liquidity in over 130 currencies and research from local sources in key markets.
Citi said clients can access accounts and trade on a real-time basis on four platforms: CitiFX Pro Desktop, Web, Mobile and MetaTrader 4.
Citi global head of Margin Foreign Exchange trading Sanjay Madgavkar said the UK launch of CitiFX Pro is an important step for their global business. They are pleased to bring their value proposition of cost-effective trading and great technology and liquidity to clients in a key global FX market.
