All Entries in the "Chi-X" Category
Chi-X Australia Market Operations Notice
ASIC has published February 28 an updated FAQ advising the market of its view that trades executed other than by matching on an order book under the “at or within the spread” criteria in the market integrity rules are not: (a)”on-market” for the purposes of the takeover exceptions in the Corporations Act (the “Act”); (b)entered [...]
David Mitchell Joins Chi-X Australia as Business Development Manager
Chi-X Australia Pty Ltd, a wholly owned subsidiary of alternative trading venue operator Chi-X® Global Holdings LLC, announced January 31 the appointment of David Mitchell as Business Development Manager. Mitchell joins from the ASX as Chi-X Australia continues to build its scale and presence in the Australian cash equities market after three months of operation. [...]
Chi-X Australia Issues With ASX Trade Acceptance Service
Update 3: Chi-X advises that ASX has confirmed acceptance of all pending trades and the ASX Trade Acceptance Service has returned to normal operation. We confirm that there has been no interruption to trading on the Chi-X market. When we receive an explanation of the cause of the problem from ASX we will provide further [...]
UBS Joins Chi-X Global Ownership Consortium
UBS AG has acquired an equity stake in Chi-X Global Holdings LLC and will join the consortium of five financial institutions that recently bought a minority stake in the firm, Chi-X Global announced December 5. The group that UBS joins comprises BofA Merrill Lynch, GETCO LLC, Goldman Sachs, Morgan Stanley, and Quantlab Group LP. Instinet [...]
Chi-X Japan November 2011 Trading Statistics
Chi-X Japan Limited, a wholly owned subsidiary of alternative trading venue operator Chi-X Global Holdings LLC, today announced its trading results for November 2011. Turnover (JPY) – 449 billion Trades – 810,368 Shares Traded – 686 million Nikkei 225 Market Share * by Value 2.71% * by Volume 2.71%
Broadridge Connects to Chi-X in Australia Through New Multi-Market Broker Trading Connectivity Solution
Broadridge Financial Solutions, Inc. announced November 29 that, beginning October 31, 2011, users of its SUMMIT stockbroking and accounting solution for the Australian equities market are able to take full advantage of Broadridge’s new broker trading connectivity tool to process trades executed on the recently launched Chi-X alternative exchange in Australia. This coincided with the [...]
Chi-X Australia to Extend Trading
Chi-X® Australia Pty Limited, a wholly owned subsidiary of alternative trading venue operator Chi-X® Global Holdings LLC, announced November 8 that it has successfully completed its “soft launch” period and has received ASIC approval to introduce trading in all S&P/ASX 200 component stocks and ASX-listed ETFs (Exchange Traded Funds) from the commencement of trading on [...]
Chi-X Japan New Passive Order Type
A Post-Only order type is a passive order designed to rest on the Chi-X book and never take liquidity by trading against existing passive orders. If your order would result in a cross with a resting order and remove liquidity, it will be canceled back. WHEN IS IT AVAILABLE? Post-Only order type will be available [...]
Chi-X Australia Open For Business
Today, October 31, marked the long awaited first day of business for Chi-X Australia, a subsidiary of Chi-X Global. Early indications have the display alternative processing over 800 trades worth more than A$5 million by the end of close. Trades were realized in all 8 securities (BHP Billiton, CSL, Leighton Holdings, Origin Energy, QBE Insurance, [...]
ASIC Makes Rules for Capital for Chi-X Market
ASIC registered market integrity rules October 28 for capital for the Chi-X market, which is due to start operating on 31 October 2011. These rules are modeled closely on the market integrity rules for capital for the ASX market, to ensure a level playing field for the two equities markets. Participants who are market participants [...]
