Chi-X month-on-month trading volumes have seen an increase of 34%, according to Chi-X Europe Q1 statement.
The number of trades in March were 10,554,888, with percentage of trades executed at or better than the primary market spread at 92%
However year-on-year Q1 trading volume saw a fall of 10%. Year-on-year Q1 turnover was also down 28% (EUR148,919,627,926)
Despite the decline in trading volumes in the European marketplace as a whole following the extraordinary level of volatility in October 2008, we are pleased to have resumed a month-on-month pattern of increased trades, volume and value traded, said Mark Howarth, Interim CEO of Chi-X Europe.