Citi goes live with Fix API
Citi's first customer went live on the bank's newly launched Fix application programming interface (API) product on May 23, according to Sanjay Madgavkar, head of FX margin trading and local markets at Citi in New York.
The Fix API product, which is intended to be plugged into proprietary trading systems and third-party platforms to stream spot FX prices, is aimed at small to medium-sized institutions and individual traders. Most prices are from Citi's internal pool of liquidity, but other
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