Citi and HSBC go live on Capitolis Novation as first prime brokers
The two banks have used the service extensively across their client base
Citi and HSBC have become the first foreign exchange prime brokers to go live on the FX novation service provided by Capitolis.
The banks, which collaborated with the Gil Mandelzis-led technology company on the development of Capitolis Novation, flipped the switch on the service in December 2018.
“We are… grateful that they have used this service extensively across all their client activity, with executing banks and counterparties, and for their proactive commitment to growing the community
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