All Entries in the "Chi-East" Category
Chi-East Reaches Trading Record in Third Quarter of 2011
Chi-East, the independent, pan-Asian trading venue, announced October 4 its trading figures for the third quarter of 2011, a period of significant growth for the platform. From July to September, the value of trades matched on Chi-East reached US$71.06 million, an increase of 203% over the second quarter of 2011. Chi-East also saw US$4.96 billion [...]
Chi-East Selects Equinix as its Primary Data Centre
Chi-East, the independent, pan-Asian trading venue, and Equinix, Inc., a provider of global data centre services, announced August 24 that Chi-East has chosen Equinix’s Singapore 2 (SG2) International Business Exchange™ (IBX®) as its primary data centre. Chi-East, which commenced operations in the fourth quarter of 2010, is the world’s first exchange-backed, non-displayed trading platform for [...]
IPC Systems Connects to Chi-East
IPC Systems, a leading provider of trading communications solutions to the world’s top financial services firms and global enterprises, has extended its global financial network with connectivity to Chi-East, the independent pan-Asian trading venue. Chi-East has recently completed the roll out of its non-displayed trading platform for securities listed in Hong Kong, Japan and Singapore, [...]
Chi-East Completes Roll Out in Three Markets and Initiates Independent CCP Clearing Model
Chi-East, the independent, pan-Asian trading venue, announced January 24 that it has completed the roll out of its non-displayed trading platform for securities listed in Hong Kong, Japan and Singapore. All of Chi-East’s initial participants – Instinet, Deutsche Bank, Morgan Stanley, Nomura and UBS – have successfully matched trades on the platform. “We are pleased [...]
Webinar Recording Examining Fragmentation in Asia
This Webinar – Examining Fragmentation in Asia was recorded November 18, 2010 at 5pm Hong Kong time as a panel-style format. The webinar explored the current fragmentation landscape, which markets will continue to fragment, how regulation is shaping fragmentation, exchange competition, different types of alternative trading venues in Asia and how fragmentation is currently being [...]
Chi-East Non-Displayed Trading Venue Commences Operations
Chi-East, the independent pan-Asian trading platform, announced November 11 that it has commenced operations to support the non-displayed trading of Asian securities. “As Asia’s first independent liquidity aggregator, we look forward to offering participants and their clients deeper liquidity and the opportunity to minimize market impact,” said Ned Phillips, CEO of Chi-East. “We believe we [...]
Citi and LCH Clearnet Collaborate as Chi East’s Post Trade Partners
Citi’s Global Transaction Services has been selected by LCH.Clearnet Ltd (LCH.Clearnet) to perform settlement agent bank services for the first Pan Asian dark pool, Chi East. Chi East, the joint venture between Chi X Global and Singapore Stock Exchange, will launch in Q4 2010 as the first Pan Asian dark pool of its kind. Chi [...]
Chi-East Receives Regulatory Approval to Launch Independent, Pan-Asian, Non-Displayed Trading Venue
Chi-East, a joint venture of Chi-X® Global Inc. and Singapore Exchange Limited (SGX), announced today that it has obtained approval from the Monetary Authority of Singapore (MAS) to become a Recognised Market Operator (RMO). Trading is expected to begin in the fourth quarter of 2010. Chi-East is an independent, non-displayed trading venue for select securities [...]
Chi-East to Appoint LCH.Clearnet as Central Clearing Facility
Chi-East, a joint venture of Chi-X(R) Global Inc. and Singapore Exchange Limited (SGX), and LCH.Clearnet Limited (LCH.Clearnet) announced today that Chi-East will appoint LCH.Clearnet as the central clearing facility for its pan-Asian, non-displayed trading platform, scheduled to launch in mid-2010. LCH.Clearnet’s EquityClear service will clear the Australia, Hong Kong and Japan-listed securities available for trading [...]
