Chi-X Australia
Chi-X is the latest Stock Exchange to be licensed in Australia. Chi-X Australia offers an alternative to trading on ASX providing new order types and potential for lower costs. Chi-X Australia is owned by Chi-X Global, which also operates Chi-X Canada and Chi-X Japan. Until very recently Chi-X Global was a wholly owned subsidiary of the Nomura Group. However, five additional financial institutions have now taken a minority stake in the company. The new owners are BofA Merrill Lynch, Goldman Sachs, Morgan Stanley, GETCO and Quantlab.
What will today bring?, page-183
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