Citi has rolled out its CitiFX Pro online FX platform into Switzerland. The move follows the launch of the platform in the US and Hong Kong in 2008, and the bank says that it will be available in other European countries in the next few months.
“Switzerland has a high concentration of sophisticated FX traders ranging from private investors, family offices and money managers to small hedge funds and CTAs. We believe CitiFX Pro, with its package of state-of-the-art trading technology, competitive pricing and suite of products tailored for the small institutional market, will be a compelling proposition for FX traders,” says Sasha Serebrinsky, EMEA manager, FX margin trading at Citi.