China CITIC Bank International launches Refinitiv EFX distribution platform

HONG KONG – Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, today announced that China CITIC Bank International has adopted Refinitiv Electronic Trading platform to enhance its Foreign Exchange (FX) trading and distribution workflow.

In today's evolving FX markets, banks need flexible trading platforms and tools that provide control over electronic pricing, distribution, and hedging to meet the growing demands of their client base and improve internal efficiency and mitigate operation risks.

With Refinitiv Electronic Trading, over 300 banks across 80 countries globally are already benefiting from a turnkey, next-generation e-commerce FX trading solution. Refinitiv Electronic Trading offers a powerful suite of e-commerce products to shape, configure and automate FX prices to customers through a number of distribution channels and FX venues while streamlining risk management. The platform’s auto-execution and smart order routing methods enable enhanced price discovery and execution with minimal market impact, which have also been critical in helping clients safely cope with much larger volumes from their remote or virtual work environments.