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Author: James Rundle
Source: Sell-Side Technology | 11 Dec 2012
Categories: alliances, mergers & acquisitions | Trading Technologies and Strategies
Foreign exchange (FX) platform Tradable has announced a partnership with Citi, which will allow brokers on its platform to transact with the bank through its CitiFX TradeStream.
The partnership focuses on liquidity provision and margin solutions, allow Tradable brokers a counterparty relationship with the bank, focused on small to mid-sized institutions.
"Citi is excited to partner with Tradable," says Alex Knight, global head of FX margin trading at Citi. "We share Tradable's vision of an open platform that benefits the broker, the liquidity provider and the end-client. The industry is looking for something new, and we are happy to be one of the early adopters of a model that we think is going drive innovation and help to reshape the industry."
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