Citi settles first trades through Synapse

Citi has settled trades for China Asset Management (Hong Kong) on the Hong Kong Exchanges and Clearing Limited (HKEX) Synapse platform, which recently went live. These were among the first trades executed and settled on Synapse, HKEX’s integrated settlement acceleration platform designed to complement the existing Northbound Stock Connect post-trade infrastructure. Citi claims to be the first and only bank in Hong Kong to offer this capability and, in the process, has fully aligned its custody platform to offer the complete benefits of Synapse to its clients.

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