Citi joins UBS in setting up its eFX trading hub in Singapore with support from the Monetary Authority in Singapore.
The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
Citi was the first US bank to offer client swap clearing through Eurex, and eight funds have joined Citi to use the service.
Capitolis launched its novation platform last year in partnership with major firms including Citi, HSBC, Brevan Howard and BlueCrest.
CME Group offers clearing for 26 currency pairs of FX cash-settled forwards and 11 pairs of non-deliverable forwards.
Symbiont has previously worked with Vangaurd to simplify its index data sharing processes using blockchain technology.
Current Citi chief executive for EMEA to leave the banking group later this year to establish a not-for-profit organisation.
Cindy Chen will oversee the post-trade business development team, as well as the blockchain project HKEX is working on with Digital Asset.
Citi and Standard Chartered are among the first institutions to actively compress trades with LCH ForexClear.
Philip Drury will head up the recently formed banking, capital markets and advisory business at Citi for the EMEA region.