Citigroup Inc. (C) to Launchs a New FiX API Between Citi ETF System and Bloomberg's BSKT Service

Citigroup Inc. (NYSE:C) is one of the Best Performing Financial Stocks So Far in 2025. On September 9, Citigroup Inc.’s (NYSE:C) Citi Investor Services announced the launch of new FiX API connectivity between its Advanced Citi ETF System and Bloomberg’s BSKT service.

Management noted that, building upon the earlier integration of ACES and BSKT for fixed-income ETF basket negotiation, this update automates ETF creation and redemption for authorized participants.

FIX is a global protocol for real-time securities transaction data exchange. With this integration, authorized participants will no longer need to build their own FIX engines or order management systems to connect to Citi. Instead, they get a simplified, efficient way to handle ETF orders and negotiate baskets through Bloomberg’s BSKT, reducing operational complexity.

The new solution also supports large order volumes, which is important as ETF order flow grows.

Citigroup Inc. (NYSE:C) is a global financial services company offering banking, markets, wealth management, and treasury solutions.

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Disclosure: None. This article is originally published at Insider Monkey.