News In brief

CitiFX Pro adds FDIC Insurance

Citi began including Federal Deposit Insurance Corporation (FDIC) insurance on US dollar deposits placed as margin for trading on its margin FX trading platform, CitiFX Pro, last week. The bank also kick-started its introducing broker programme earlier this month and hopes to be live in more Asian countries and the Middle East in three months' time. CitiFX Pro is currently live in the US and Hong Kong.

City Index offers free CFD trading

London-based retail broker

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