Innovative Platform Facilitates Seamless Integration between EMEA and
U.S. Cash Trading
Citi has launched Total Touch ADR X-WiNG, a liquidity providing
execution platform that optimizes investor’s access to liquidity in both
EMEA and the U.S. American Depositary Receipt (ADR) market. Combining
the value-added attributions of high-touch trading, with the efficiency
and ease of low-touch actionable execution, this platform provides
clients with a seamless one click solution to trade outsized block
liquidity for EMEA based ADRs during pre-market hours in the U.S., and
through the European market close.
Total Touch ADR X-WiNG is an enhancement to the innovation and
sophistication behind Citi Total Touch, a block trading execution
platform that offers clients the ability to routinely access Citi’s
actionable liquidity in over 3,000 securities, including U.S. single
stocks, ETFs and equities in EMEA and Latin America. Total Touch ADR
X-WiNG makes markets in over 200 ADR names representing over $8.6
trillion in market cap.
“Total Touch ADR X-WiNG was designed to help augment cross border
trading efficiencies in today’s fast-paced global equity market
landscape,” said Dan Sanders, Head of Americas Cash Equity Execution.
“Using this tool, our clients now have automated execution capabilities
with price protection and the ability to leverage high quality, block
liquidity in both EMEA and North America.”
Citi launched Total Touch in 2010 for U.S. single stocks. Since then, it
has expanded its product offerings to cover ADRs, ETFs, Brazil, and EMEA.
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 http://www.citigroup.com
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