Citi Adopts TradeSmart, Sunsets LavaX

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"We spent a fair amount of time reviewing the available EMS vendors and chose TradingScreen for the breadth of its offering," says Shane Swanson, head of electronic transaction services for Citi's Lava Trading business. TradeSmart will become Citi's preferred institutional buy-side EMS platform to access Lava smart routing technology, explains Swanson. "This includes the LavaFlow ECN, GOTO routing and Color­Book," he adds.

Citi plans to begin the transition to the new front-end trading platform

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