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. It now offers a full suite of 2,100 ASX-listed companies and 230 ETFs, as well as quoting its own warrants market.
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.
Location: Level 23, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia
Founded: 2011
Market cap: updating
Trading schedule: Continuous trading hours for Chi-X are between 10:00am and 4:12pm, Monday to Friday
Website: https://www.chi-x.com.au