Citi plans to launch CitiFX Pro, an online foreign exchange (FX) trading platform, in collaboration with Saxo Bank. Citi and Saxo plan to pool their capabilities and offer FX trading to individuals and smaller institutional traders. CitiFX Pro is an attempt to offer Citi’s clients access to the same level of data and trading technology as institutional traders. Subject to regulatory and other approvals, CitiFX Pro is expected to begin operating shortly in the US market and will be rolled out in selected countries around the world next year. The bank says that the new solution will offer client access to FX trading capabilities with more than 150 currency crosses in a market with a daily turnover of more than US$3 trillion, according to the latest BIS report.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more