Citi has selected TradingScreen’s TradeSmart execution management system (EMS) to offer out to institutional clients currently leveraging the LavaX EMS platform.
TradingScreen will also now become the preferred front-end EMS technology provider for Citi’s institutional buy-side clients who access Lava order routing technology.
Shane Swanson, Head of Transaction Services at Lava, said in a statement, “Providing our clients access to TradingScreen, the leading global multi-asset EMS offering in the market today, will enhance Citi’s leading presence in electronic execution by allowing our clients to maximize their trading capabilities and operational efficiency. Combining TradingScreen’s EMS technology with Citi’s existing Lava Technology is a win win. TradingScreen’s unique ASP deployment model will provide Citi’s institutional clients around the world with new services and functionalities, including rapid access to one of the deepest and most diverse pools of liquidity.”