CitiFX connects with Think Liquidity

Source: Citi

Citi has formed a new partnership with ThinkLiquidity and is now able to offer CitiFX Tradestream through ThinkLiquidity's proprietary bridge and risk management product.

ThinkLiquidity, established in the third quarter of 2012, provides risk management solutions for foreign exchange brokers and specializes in revenue maximization technologies constructed in-house.

Its risk management products are designed by traders and risk managers, illustrating ThinkLiquidity's belief that technology should adapt to trading firms and trading firms should not have to adapt to outdated technology.

Jeff Wilkins, ThinkLiquidity managing Director, commented "Citi is known and trusted throughout the industry and we are very pleased to partner with them. We could not be happier with the pricing and execution, but equally important is the client focused relationship management that Citi brings to the table. We believe that we offer an industry-leading technology, and now with Citi as a partner, we are able to offer risk management solutions that will enable brokers to focus on growing their business with a leading bank counterparty."

CitiFX Tradestream gives mid-sized institutions access to aggregated liquidity from a selection of liquidity providers without the need to engage a prime broker or a third party technology firm for price aggregation.

Alex Knight, Global Head of Margin FX Trading at Citi, commented "We are very pleased to offer CitiFX Tradestream through ThinkLiquidity's risk management technology. By partnering with key vendors like ThinkLiquidity we are able to provide a one-stop solution to mid-market FX brokers."

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