Citi Enhances Electronic Trading Capabilities with 24 / 7 Integrated Global Access

Citi announced today the completion of an extensive upgrade of its global equity electronic trading infrastructure, providing institutional clients with continuous, 24-hour access to global markets.

Historically, global electronic trading access included a complex set of systemic barriers to execute in non-local markets. This new infrastructure removes certain limitations for sending, managing and executing next-day equity algorithmic and DMA orders.

The new, globally integrated platform provides efficient overnight queuing and the ability to acknowledge, modify and cancel self-directed trades 24 hours a day, seven days a week. By upgrading its FIX infrastructure, Citi was able to achieve a more efficient, uniform platform for self-directed trading across the globe.

“We’re pleased to expand our global reach. With this upgrade, Citi can offer clients unique opportunities to efficiently manage orders across EMEA, Asia and the Americas,” said Dan Keegan, Co-Head of Citi Global Electronic Markets. “We are dedicated to helping our customers trade, whenever, wherever and however they want across global equity markets.”

“Our ongoing investment in trading technology, coupled with our commitment to client service, raises the standard for electronic trading access across the globe and around the clock,” said Mani Singh, Head of Non-Dollar Electronic Sales. “Global clients face challenges in managing non-local orders; this new Citi infrastructure goes a long way in addressing their concerns.”

Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, 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 or www.citi.com.