Citi has leveraged the ISDA SIMM model to launch a new regulatory margin calculation service for buy-side firms that come into scope from 2020 and 2021.
Trumid has won investment from Citi via its Spread Products Investment Technologies (SPRINT) program.
Citi global securities services sales head departs with plans to purchase Premier League football club
Citi's former global head of securities services sales left the bank last month to focus on his new investment firm ALK Capital.
CME Group’s EBS platform has expanded available NDFs with launch of African currency pairs following increased client demand.
Alex Knight spent 18 years with Citi, most recently heading up global sales and client coverage of the bank’s FX prime brokerage.
BlackRock, Goldman Sachs, Allianz, JP Morgan and Vanguard are among those raising concerns about CCPs, urging regulators to take action.
Citi’s client cleared swaps margin stood at over $28 billion in the second quarter of the year, representing 27% of the total amount of margin posted for the US swaps market.
Prime brokers are stepping up their due diligence of hedge funds, becoming more forensic when looking to bring a hedge fund onto their balance sheet.
The co-head of Citi’s Americas prime finance business has left after two years with the US bank.
The new division is the latest in a string of restructuring moves in recent months as Citi looks to streamline its businesses.