ForexInnovation and CitiFX TradeStream to partner on Institutional MT4 Algo-trading solutions

ForexInnovation GmbH and CitiFX TradeStream announced their partnership today for the automated MT4 trading solutions via a CitiFX Margin Trading account.

CitiFX TradeStream provides traders with access to high-quality aggregated liquidity, sourced from multiple top-tier providers including Citi, with the benefit of having Citi as the trade counterparty. The CitiFX TradeStream team has expertise with a variety of MT4 setups and is pleased to add integration with ForexInnovation that will offer customers access to ForexInnovation’s trading strategies and technical expertise, either on a managed account or self-traded basis.

“ForexInnovation’s focus on development of algorithmic trading solutions required a strong partner who could offer reliable liquidity through an institutional low-latency MT4 set-up with the additional requirement of having a direct counterparty relationship with a leading bank. We are pleased that we have been able to meet ForexInnovation’s needs and help them grow their business by providing them with the set-up they and their clients having been looking for” commented Sasha Serebrinsky who manages Citi’s FX Margin Trading business in Europe, Middle East and Africa.   

“The technical setup of CitiFX TradeStream with MT4 provide an unprecedented and powerful combination for our algorithmic trading”, said Thomas Rosenkranz, CEO and founder of ForexInnovation. “Access to excellent liquidity provided by CitiFX TradeStream gives us the extra edge for consistent automated trading and offers a quick and reliable integration of our software through the MT4 platform”.

“We have been trading with Citi for a long time and have compared and tested the CitiFX TradeStream – MT4 solution extensively” states co-founder Alexander Klingelhoefer. “In terms of trading conditions such as execution speed, latency and spreads as well as the professionalism of a trading relationship with a top-tier  bank, we have found an ideal set-up for our algorithmic trading that is matched by the safety and security that a Citi relationship offers to our customers”.

To find out more about the Institutional MT4 solution, click here: http://www.citifxtradestream.com/MT4/

For more info about ForexInnovation please visit: https://metatrader-experts.de/en

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com| Twitter: @Citi| YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com| Facebook: www.facebook.com/citi| LinkedIn: www.linkedin.com/company/citi

About ForexInnovation

 

ForexInnovation is specialized in automated FX trading and provides algorithmic trading systems for each investor type. Having the roots in Metatrader4 – programming and development, ForexInnovation has evolved to a research and development company, exploring new strategies and algorithms exclusively in-house based on the proprietary Trading Development Suite (TDS). Execution technologies remain the MT4 platform as well as FIX-API. ForexInnovation is a tied agent under the terms of paragraph 2 (sec. 2, part 1) of the German Banking Act solely for the account and under the liability of HPM – Hanseatische Portfoliomanagement GmbH, Faehrhausstrasse 8, 22085 Hamburg.