Citigroup Launches New FiX API for ETF System, BSKT Service
ByAinvest
Wednesday, Sep 17, 2025 2:34 pm ET1min read
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Citigroup Inc. (C) is launching a new FiX API between its Advanced Citi ETF System and Bloomberg's BSKT service, automating ETF creation and redemption for authorized participants. The integration simplifies and efficiently handles ETF orders and basket negotiation through Bloomberg's BSKT, reducing operational complexity and supporting large order volumes. This move positions Citigroup as a leader in ETF trading and underscores its commitment to innovation in the financial services industry.
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