Chi-X Europe Ltd celebrated its third anniversary. Since launch, Chi-X Europe has handled more than 267 million trades, representing a total of 220 billion shares and equating to a total turnover of EUR 1.8 trillion. Since launch, Chi-X Europes trading participants have benefitted from total savings of EUR 350 million in price improvement.
Market shares have climbed rapidly. In February 2010, Chi-X Europe represented 26.2% of FTSE 100, 20% of FTSE 250 and more than 20% of all trading in DAX 30, AEX 25 and CAC 40 stocks. Chi-Delta, launched in May 2009, is the largest publicly declared non-displayed order book in Europe.
Alasdair Haynes, Chief Executive Officer:
Our third anniversary marks a significant milestone for Chi-X Europe. We are immensely grateful to our trading participants for their tremendous support over the past three years. Chi-X Europe has worked tirelessly to provide a highly competitive alternative for trading equities in Europe. We will continue to listen to our participants and strive to introduce new opportunities to further improve trading performance and market efficiencies.
L.D.