This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Citi Launches E For Education

Citi today announced the launch of e for Education, a three-month initiative to raise funds for education-related nonprofits around the world. Beginning today and through December 31, Citi will donate funds to several charities based on a percentage of institutional client FX transaction volumes executed through its electronic trading platform, Velocity.

Citi Velocity is an award-winning proprietary FX electronic trading platform for institutional clients. It provides real-time pricing with one-click trading for multiple foreign exchange products, including spot, forwards, swaps and options. Citi Velocity is used by a large number of Citi’s institutional clients globally not only for trading but also as their source for research, economics, FX market color and post-trade activity.

“We believe e for Education is the first and certainly the largest effort by a firm seeking to translate its electronic FX trading activity into philanthropic dollars,” said Jeff Feig, Citi’s Global Head of G-10 FX. “Citi believes that access to quality education is the key to unlocking a lifetime of opportunity and we are excited to launch an initiative that will benefit youth around the world.”

Six organizations, spanning a range of geographies and core focus areas, were selected to benefit from the e for Education initiative. Funds will be donated to each organization based on the geographic location of individual Citi Velocity clients, although users can also override the default and earmark their corresponding donation to any e for Education organization of their choosing. The e for Education beneficiaries include:

  • Civic Builders (North America) Civic Builders partners with the nation’s best educators to build state-of-the-art, low-cost charter schools for children and families in underserved neighborhoods.
  • EMpower (Eastern Europe, Asia Pacific, Latin America, and Africa) supports local organizations in emerging markets countries that provide at-risk youth with the tools and resources they need to lead healthy, productive lives.
  • No Greater Sacrifice (North America) is dedicated to the children of fallen and wounded U.S. military service members by delivering scholarships and resources to improve their quality of life through the pursuit of higher education.
  • Room to Read (Asia/Africa) seeks to transform the lives of millions of children in the developing world by focusing on literacy and gender equality in education.
  • Teach First (United Kingdom) works towards a day when no child’s educational success is limited by their socio-economic background.
  • Uncommon Schools (North America) starts and manages outstanding urban public charter schools that close the achievement gap and prepare low-income students to graduate from college.

Citi, one of the largest FX providers in the world, is not setting specific fundraising goals, but has also not imposed a cap on the maximum amount that may be donated. Total donations will be driven purely by client FX transaction volumes.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,979.13 +59.54 0.35%
S&P 500 1,986.51 +4.91 0.25%
NASDAQ 4,526.4820 -1.0320 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs