Citi rolls out revamped FX algo execution platform

- By Joe Parsons
- @Joe_Parsons416
- 27 Jan 2022

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Citi is rolling out a totally new foreign exchange algo platform that will include new dynamic strategies and improvements to existing ones. It is also offering algos for non-deliverable forwards (NDFs) for the first time.

The bank has been piloting the new product with a small number of clients since last year. The full roll-out across its single-dealer platform and external venues will begin in a few weeks.

Mark Meredith, global head of FX e-trading and algorithmic execution at Citi, says

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