Citigroup is looking to introduce a new e-trading platform, Financial News reports. The platform will cater to the listed derivatives markets and enable users to trade on 28 derivatives exchanges worldwide. The U.S.-headquartered bank with a global footprint seeks to exploit market prospects as international derivatives trading shifts onto electronic platforms.
The platform will run on technology from London-based vendor Fidessa, among the largest providers of global exchange connectivity. BlueBox, the Fidessa platform’s integrated algorithmic trading engine, focuses on global equity markets but is also put to use for other asset classes.
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