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Chi-X ® Europe Limited, the first live, pan-European equity multilateral trading facility (MTF), today published its trading statistics for the fourth quarter of 2007.
Chi-X Europe offers trading, clearing and settlement for the component stocks of the FTSE 100 (British), CAC 40 (French), AEX 25 (Dutch) and DAX 30 (German) and SMI 20 (Swiss) indices.
Chi-X® |
||
Overview
(vs. Previous Quarter) |
||
Number
of Trades |
2,401,856
(+121%) |
|
Share
Volume |
1,850,602,948
(+177%) |
|
Turnover |
€34,614,579,690
(+71%) |
|
Market
Share Highlights |
||
Stock |
Date |
Percentage
of Combined Chi-X Europe and Primary Exchange Volume Executed on Chi-X |
Philips
Kon ORD |
1
October 2007 |
21.00% |
British
Energy Group |
6
December 2007 |
20.81% |
Royal
Dutch Shell ( |
5
October 2007 |
20.42% |
ING
Groep ORD |
18
December 2007 |
19.52% |
BASF |
1
October 2007 |
18.78% |
Price
Improvement * |
||
Month |
Percentage
of Trades Executed Inside the Primary Market Spread |
Average
Price Improvement (basis points) |
December
2007 |
49% |
2.38 |
November
2007 |
49% |
2.28 |
October
2007 |
51% |
1.99 |
September
2007 |
46% |
1.85 |
August
2007 |
49% |
1.97 |
July
2007 |
57% |
2.17 |
June
2007 |
69% |
2.67 |
May
2007 |
54% |
1.5 |
*
Price improvement is defined as the difference between the Chi-X Europe execution price
and the best quoted price on the primary exchange at that time.
