Citi and Goldman break into retail FX
The banks join Deutsche Bank, ABN Amro and UBS, all of which have entered the market with platforms. The German dealer has partnered with online broker FXCM, and ABN and UBS have teamed up with Oanda. According to London-based client strategy firm, ClientKnowledge, the retail FX market is sized at more than $50 billion a day.
Citi's new platform, CitiFX Pro, is a version of Saxo Trader, Saxo Bank's online trading platform. However, a differentiator between the two platforms is that advice and
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