December 15, 2016 BY admin

Citigroup funds London forex trading blockchain startup Colbalt

It was announced today that Citigroup Inc (NYSE:C) has invested in London-based FX blockchain startup Colbalt. The company also announced it added Charlotte Crosswell, former Nasdaq NLX CEO as a strategic advisor as the service gets closer to launch. Terms of the investment were not announced. Cobalt DL, a FX post-trade processing network based on distributed ledger technology…

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December 04, 2015 BY Mike Fox

OTC Clear welcomes Citigroup as its first Clearing Member from the U.S.

OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx) that provides clearing services for over-the-counter, or OTC, derivatives, has welcomed Citigroup Inc (NYSE:C) as its first Clearing Member from the United States. "We are pleased to admit Citi as our first US Clearing Member following our receipt of No Action…

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September 11, 2014 BY Mike Fox

Former probed Citigroup trader Ramchandani joins up with London Capital Group

Bloomberg reporters Julia Verlaine and Ambereen Choudhury are reporting today that former European head of FX spot trading at Citigroup (NYSE:C), Mr. Rohan Ramchandani who was targeted in currency rigging probes (fired, but not charged with any wrong-doing), joined online trading services provider London Capital Group. Mr. Ramchandani began working at London Capital Group (LON:LCG) this…

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March 24, 2014 BY Gerald Segal

Citi shakes up FX trading, merges electronic and voice desks

London based Citi exec Richard Bibbey will become the head of global spot FX trading, a new position at Citi. Citigroup (NYSE:C) is continuing the shakeup in its FX trading operation. Reuters and the Wall Street Journal each claim to have seen an internal Citi memo detailing the changes at Citi, which include the merging of…

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