Chi-X Europe Issues Q4 2009 Trading Statistics
January 14, 2010 03:03 AM Eastern Time
LONDON--(EON: Enhanced Online News)--Chi-X® Europe Limited, operator of the largest pan-European equity multilateral tra
(MTF), today published its trading statistics for the fourth quarter of 2009.
Chi-X Europe offers trading in component stocks of 22 indices across 14 major European markets, as well as ETFs (exchange trad
ETCs (exchange traded commodities), providing access to a universe of more than 1,000 instruments for its trading participants.
Commenting on the announcement, Alasdair Haynes, CEO of Chi-X Europe, said, “As I begin my new role at Chi-X Europe, I am
business which continues to deliver significant savings to its trading participants and their end investors. The last quarter of 2009 pro
busy, with October representing a record month for Chi-X Europe since launch almost three years ago. With aggregated price impr
of over EUR 41m across both books over the same period, the opportunities for price improvement on Chi-X Europe continue to
Note: Overall basis points price improvement is calculated by comparing the execution price against the market of listing best bid fo
offer for each buy at the point of execution for all aggressive trades executed on Chi-X Europe, and is calculated from the perspecti
aggressive party only.
Chi-X® Europe Overall Trading Statistics - Q4 2009
Q4 Overview (vs. Previous Quarter) Q3 Overview (vs. Q2)
Number of Trades
Price Improvement *
Percentage of Trades Executed At
or Better than the Primary Market
Average Price Improvement (basis
Trading Highlights - Q4 2009