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341 firms on file · 202 identified entity records 73 carry a published regulator notice

COUNTERPARTY FILE · last re-checked 2026-09

Citi FX (Velocity) — institutional liquidity provider

This record reflects the current standing of Citigroup Inc. in the FX market, with noted limitations.

Citigroup Inc. (FX via Citigroup Global Markets Limited, UK; Citigroup Global Markets Inc., US) · New York, USA

evidence score
98/100

Licence, read literally

RegulatorLicence numberJurisdictionTierSource
FCA (Citigroup Global Markets Limited)124384UKT1open source
SEC/FINRA (BrokerCheck, Citigroup Global Markets Inc.)8-8177UST1open source
SEC (EDGAR, Citigroup Inc.)0000831001UST1open source
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.

Residuals a counterparty carries

2

  1. R01

    Unpublished trading venues

    Citi's FX venues are standard interbank venues and are not confirmed on their own FX pages.

    Source: firm disclosures page

  2. R02

    Self-measured claims

    Citi FX reports self-measured FX market-share and revenue-rank claims, which may lack external verification.

    Source: self-measured claims

The claims ledger

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

  • Citi Velocity is an intuitive, efficient, end-to-end FX solution; clients gain visibility over user trading activity and can permission access across entities (citigroup.com/global/businesses/markets/fx)
  • Velocity 3.0 consolidated Citi's eFX platforms into one HTML-architecture solution (Business Wire release, 23 Feb 2023)
  • Citi was founded in 1812 as the City Bank of New York (citigroup.com heritage page)

Claims we cannot verify from outside

  • FX market-share / revenue-rank claims (self-measured, e.g. FX Markets' revenue tables)

Perimeter and coverage

Asset classes
FX spot, FX forwards, FX swaps, NDFs, FX options, Benchmark orders (fixings)
Venues
EBS, Reuters, CME FX, CLS
Connectivity
FIX, REST/API, Citi Velocity 3.0 platform
Clients accepted
Banks, Institutional investors, Asset managers, Hedge funds, Corporates
Explicitly refused
Retail clients
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as disclosure, not as a defect.