TraderTools steps into the light with Citi Prime Finance

Yaacov Heidingsfeld at TraderTools

Foreign exchange trading platform provider TraderTools plans to launch a hosted relationship-based pricing and aggregation service for buy-side firms, dubbed LightFX, within weeks.

Developed in partnership with Citi's Prime Finance, LightFX is based on existing technology owned by TraderTools and Citi, and aims to provide a more transparent and cost-effective alternative to FX electronic communications networks, which execute trades anonymously and charge both liquidity providers and liquidity

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