Citi confirms e-trading overhaul

12 Oct 2011

Citi announced it is going into partnership with Fidessa to capitalise on the increasing amount of business that is moving to electronic platforms.

Fidessa will supply a global order management and distributed low-latency execution platform along with BlueBox, the vendor's integrated algorithmic...

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“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”

BarCap's 2011 oil outlook looks increasingly accurate.

Citi confirms e-trading overhaul

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