HONG KONG - Thursday, January 24th 2013 [ME NewsWire]
-(BUSINESS
WIRE)-- Following the successful integration of Citi's TradeStream
solution with the Meta Trader 5 trading platform in 2012, a number of
brokers have now successfully deployed the combined solution.
CitiFX
TradeStream provides aggregated liquidity from a selection of liquidity
providers without the need to engage a prime broker or a third party
technology provider for price aggregation. This state-of-the-art low
latency technology is targeted at mid-sized institutions and regulated
brokers, available through multiple technology channels such as Meta
Trader.
Alex Knight, head of Citi's FX Margin Trading business
said: "All brokers are looking for access to high quality liquidity that
is delivered to them by a provider with strong credentials in a manner
that is simple and efficient. The market is telling us that CitiFX
TradeStream meets these requirements, and we are thrilled that our
integration with Meta Trader 5 is delivering the results that we hoped
for.”
MetaQuotes Software Corp. has been developing and adding
functionality into MetaTrader 5 to strengthen the operational
efficiencies of brokers. CitiFX being one of the first integrations for
Liquidity for MetaTrader 5, has been a breakthrough Liquidity solution
and a popular choice for many of our brokers.
Gaies Chreis COO of
MetaQuotes mentions: "We are always aiming to deliver the most
efficient all-in-one business solutions to our clients through our
trading technologies that enhance both: the quality of trading services
and business opportunities for the brokers. The native integration of
MetaTrader 5 Platform with CitiFX TradeStream solution has blended well
into this philosophy and has already been the choice of many brokers
seeking for a quality liquidity solution."
About MetaQuotes:
MetaQuotes
Software Corp. is a professional developer of software applications for
financial markets. With more than a decade of experience, the company
is a market leader, providing one of the best forex trading software
packages. The company’s MetaTrader 5 trading platform provides features
for trading not only on the forex market but also on stock exchanges.
Company website: http://www.metaquotes.net
About Citi:
Citi,
the leading global bank, has approximately 200 million customer
accounts and does business in more than 160 countries and jurisdictions.
Citi provides consumers, corporations, governments and institutions
with a broad range of financial products and services, including
consumer banking and credit, corporate and investment banking,
securities brokerage, transaction services, and wealth management.
Additional
information may be found at www.citigroup.com| Twitter: @Citi| YouTube:
www.youtube.com/citi| Blog: http://blog.citigroup.com| Facebook:
www.facebook.com/citi| LinkedIn: www.linkedin.com/company/citi
Contacts
Citi
Godwin Chellam, 852 2868 7738
godwin.chellam@citi.com