FX Platform to Meld Citi, Saxo Rates
Citi announced the partnership last week to give the bank a platform to attract trading from small firms and private clients, and is currently in the final phases of testing. The bank will conduct a "soft launch" on Nov. 30 before rolling out the CitiFX Pro platform in the US in "the next few weeks," and globally during 2008, officials say.
Unlike some other white-label arrangements, which outsource not just the trading tehnology but also liquidity to currency specialist Saxo, Citi will provide
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