Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Chi-X Canada Surpasses 10 Percent Market Share Milestone

Date 02/05/2011

Chi-X® Canada ATS Limited, a wholly-owned subsidiary of alternative trading venue operator Chi-X Global Inc., today announced it set a new firm trading record on Wednesday, April 27, trading over 10 percent (71,731,700 shares) of total TSX-listed share volume. In addition, Chi-X Canada accounted for 19.36% of the market’s overall trades, 11.14% of the market’s overall value traded, and, through its smart router, handled 13.16% of the market’s overall volume.  

 

Chi-X Canada Trading Highlights

 

 

TSX-Listed Securities

S&P TSX 60

Shares Handled*

Volume

10.04%

12.75%

13.16%

Value

11.14%

11.66%

13.90%

Trades

19.36%

20.01%

22.67%

 

“Over the past few months, Chi-X Canada has seen a steady increase in its volumes due primarily to participants’ reaction to several innovative new products and services we’ve launched, such as post-trade attribution, our next generation Smart Router and our Chi-Controls risk-management dashboard,” said Dan Kessous, Chief Operating Officer of Chi-X Canada.

 

He continued: “Since our launch three years ago, Chi-X Canada has maintained focus on service and innovation, which has translated to a consistent record of profitability for the firm. We are pleased to surpass this milestone, and look forward to continuing our work with participants to collaboratively meet their trading needs.”

*Total Shares Handled equals the % of shares executed on Chi-X Canada and on all other Canadian marketplaces routed by the Chi-X Canada Smart Order Router.