July 24, 2012

tCiti, the second largest bank in FX trading, will provide real-time data releases and global economic news to its FX traders and sales staff from Dow Jones & Company's specialized FX news service, DJ FX Trader.

The content is delivered via the bank's in-house information service, CitiFX Wire.

“Our position right at the heart of the FX market provides us with an incredible amount of information, which CitiFX Wire collates for the benefit of our staff and clients,” stated Anil Prasad, Citi’s global head of FX & local markets. “All it has been missing is real-time data releases and political news. The integration of DJ FX Trader rectifies that and represents a very powerful addition that makes CitiFX Wire an indispensable source of information.”

The integration of DJ FX Trader’s content into CitiFX Wire gives Citi's FX traders and sales staff full access to breaking FX news exclusive to DJ FX Trader. This includes real-time data headlines and commentary from Dow Jones’ global team of more than 2,000 journalists, which includes 100 journalists dedicated solely to FX coverage. Citi’s clients will also be able to see Dow Jones’ real-time economic and data headlines, according to the release. In the same release, Lex Fenwick, CEO of Dow Jones, added, “We see this as an important step forward for Dow Jones in building a global and profitable platform for users across sectors and languages.” “FX trading requires quick and efficient access to political news and decisions as well as sharp analysis of market-moving events,” commented Joe Cappitelli, head of financial products at Dow Jones. “We look forward to providing this critical information to Citi’s traders.” CitiFX Wire is available through Citi’s Velocity 2.0 and Pulse trading platforms, as well as its website and iPhone and iPad apps.

ABOUT THE AUTHOR
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in ...