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Chi-X Europe Issues Q2 2009 Trading Statistics

Date 09/07/2009

Chi-X® Europe Limited, operator of the largest pan-European equity multilateral trading facility (MTF), today published its trading statistics for the second quarter of 2009.

Chi-X Europe offers trading in component stocks of 19 indices across 14 major European markets, as well as ETFs (Exchange Traded Funds) and ETCs (Exchange Traded Commodities), providing access to a universe of over 900 stocks for its trading participants. In the last quarter, Chi-X Europe added the component stocks of the PSI 20 (Portuguese main index) to its growing list of available indices.

Commenting on the announcement, Mark Howarth, CEO of Chi-X Europe, said, “Given recent market volatility, we are pleased to see that not only is liquidity returning to the markets, but also that many participants new to the European markets are now actively trading here. We believe this has had a significant impact on overall market volumes and are greatly encouraged by the growth in volumes, numbers of trades and overall turnover on Chi-X Europe.”

Chi-X® Europe Trading Statistics – Q2 2009                                

 
 
Q2 Overview (vs. Previous Quarter)
 June Overview (vs. May)
Number of Trades
37,053,547 (+40%)
14,135,035 (+20%)
Share Volume
29,748,140,505 (+36%)
10,768,813,179 (+15%)
Turnover
€209,530,354,507 (+41%)
€77,154,905,791 (+14%)
Price Improvement[1]
Month
Percentage of Trades Executed At or Better than the Primary Market Spread
Average Price Improvement (basis points)
Jun-09
92%
2.40
May-09
92%
2.38
Apr-09
92%
2.42
Mar-09
92%
2.64
Feb-09
92%
2.83
Jan-09
91%
2.88
Dec-08
90%
3.59
Nov-08
89%
3.53
Oct-08
88%
3.56
Sep-08
92%
3.19
Aug-08
92%
2.61
Jul-08
92%
2.66


Trading Highlights – Q2 2009

 
 
Index
Consolidated Market Share[2]
Date
FTSE 100 – British
23.33%
25-Jun-09
CAC 40 – French
21.30%
28-May-09
FTSE 250 – British
21.14%
23-Jun-09
AEX 25 – Dutch
20.27%
05-Jun-09
SBF120 – French
19.92%
28-May-09
DAX 30 – German
18.56%
11-Jun-09
CAC Next 20 - French
18.03%
23-Jun-09
BEL 20 – Belgian
15.57%
28-May-09
OMX S 30 – Swedish
15.08%
25-Jun-09
ETFs
12.40%
17-Jun-09
MDAX – German
12.25%
23-Jun-09
OMX H 25 – Finnish
11.82%
23-Jun-09
OMX C 20 – Danish
11.35%
26-Jun-09
AMX 25 – Dutch
9.97%
15-Jun-09
SMI 20 – Swiss
9.80%
23-Jun-09
MIB 40 – Italian
8.96%
05-Jun-09
OBX 25 – Norwegian
5.39%
29-Jun-09
ATX 20 – Austrian
3.14%
18-Jun-09
IBEX 35 – Spanish
0.36%
24-Jun-09


1Basis points price improvement is calculated by comparing the execution price against the primary market best bid for each sell or best offer for each buy at the point of execution for all aggressive trades executed on Chi-X Europe, and is calculated from the perspective of the aggressive party only.

2Consolidated Market Share is Chi-X Europe on order book consideration as a percentage of combined Primary Exchange, Chi-X Europe, NASDAQ OMX Europe, Turquoise, BATS and NYSE Arca Europe on order book consideration.