Hey qld4677, I was just down your way for the weekend camping at Agnes. Chi-x is the ASX rival/alternate public exchange. Their market share is currently over 10% of total equity turnover and provides an alternate method of communicating an offmarket trade (compulary to report). Their fees would differ as Chi-x and ASX are competitors.
I'm not sure why the volume would be listed on Chi-x instead other than for a financial reason - perhaps the broker has a deal with Chi-x to direct traffic their way. It does make it confusing when a large portion of the stocks trades are reported with Chi-x and your trying to get a feel for the volume of trade. It is also quite sparatic - some days not much, if any Chi-x volume - other days several million.
Today was a prime example - low volume through ASX in the morning 4-5M with Chi-x and the day ended up with over 10M AVQ traded between the two.
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