CitiFX TradeStream and ForexInnovation collaborate on Institutional MT4 Algo-trading

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

More details are available here via the press release:

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”.