The newly introduced platform has been developed on Citi’s smart and flexible algorithms technology, enabling clients to enhance their trading capabilities, said the US firm.
The firm launched the algorithms on the Istanbul Stock Exchange through Citi Menkul, a wholly-owned broking subsidiary which Citi acquired in 2007.
EMEA electronic trading head Tim Wildenberg said, "We’ve combined our comprehensive suite of algorithmic strategies with an unrivalled level of local knowledge and service to help our clients succeed in this exciting market."
In a similar incident last year, Citi rolled out a new electronic equity trading platform in Israel and has recently enhanced the service by introducing its Citi Matchsm crossing service.
Trading in more than 160 geographies across the globe, Citi manages approximately 200 million customer accounts and offers consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
