Citi launches CitiFX Velocity

Citi is launching a new foreign exchange e-commerce platform for professional traders.

First Published by e-Forex News: April, 2009

Citi is launching a new foreign exchange e-commerce platform for professional traders. CitiFX Velocity is extremely flexible, allowing traders to customise orders and execution needs, while providing access to the unparalleled depth and width of liquidity within Citi's FX price stream.

Citi launches  CitiFX Velocity

CitiFX Velocity offers both exchange-based and one-click streaming execution, alongside advanced-order capabilities. The spot exchange model enables clients to trade against other client interest, with the option of viewing either the full depth or the top of the book, and deal in any size. Users can place limit, market, pegged and trailing-stop orders as close to the prevailing market as desirable. CitiFX Velocity users can also click and trade streaming spot, forward outrights or swaps.