Citi looks for retail therapy in Hong Kong
Citi has launched CitiFX Pro – the FX trading platform it white-labelled from Saxo – in Hong Kong. The bank says it will roll out CitiFX Pro in other Asian centres in the next few months.
The move follows what the bank says was a successful launch in the US in March. “Hong Kong investors are among some of the most sophisticated in the world. We are delighted to continue the tradition of offering Hong Kong clients access to Citi’s leading global products and services. CitiFX Pro will allow Hong Kong investors the ability to trade global foreign exchange markets via a cost-effective and user-friendly platform,” said Eugene Acevedo, Citi’s head of fixed income, currencies and commodities, Hong Kong.