Chi-X® Europe Limited, operator of the largest pan-European equity multilateral trading facility (MTF), today published its trading statistics for the fourth quarter of 2008.
Chi-X Europe offers trading, clearing and settlement services for component stocks of the AEX 25/AMX 25 (Dutch), ATX 20 (Austrian), BEL 20 (Belgian), CAC 40/CAC Next 20 (French), DAX 30/MDAX (German), FTSE 100/FTSE 250 (British), OBX 25 (Norwegian), OMX Copenhagen 20 (Danish), OMX Helsinki 25 (Finnish), OMX Stockholm 30 (Swedish) and S&P MIB 40 (Italian) and SMI 20 (Swiss) indices, as well as a selection of ETFs. Chi-X currently offers a total of 785 stocks for trading.
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Chi-X®
Europe Trading Statistics – Q4 2008
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Overview (vs. Previous Quarter)
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Number of Trades
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29,395,385 (+12%)
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Share Volume
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24,805,073,360 (-7%)
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Turnover
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EURO; 205,463,028,257 (-17%)
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Price Improvement *
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Month
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Percentage of Trades Executed At or
Better than the Primary Market Spread
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Average Price Improvement (basis
points)
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Dec-08
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90%
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3.59
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Nov-08
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89%
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3.53
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Oct-08
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88%
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3.56
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Sep-08
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92%
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3.19
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Aug-08
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92%
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2.61
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Jul-08
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92%
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2.66
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Jun-08
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94%
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2.37
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May-08
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95%
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2.00
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Apr-08
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94%
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1.95
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Mar-08
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93%
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2.76
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Feb-08
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92%
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2.67
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Jan-08
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88%
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2.89
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Trading Highlights
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Index
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Market Share
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Date
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FTSE 100 – British
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22.74%
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02-Oct-08
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AEX 25 – Dutch
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19.12%
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07-Nov-08
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FTSE 250 - British
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15.28%
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19-Nov-08
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CAC 40 – French
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15.26%
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14-Oct-08
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DAX 30 - German
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13.66%
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03-Oct-08
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ETFs
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12.37%
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16-Dec-08
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CAC Next 20 - French
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10.05%
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29-Dec-08
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OMX H 25 – Finnish
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7.24%
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09-Dec-08
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BEL 20 – Belgian
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6.79%
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01-Oct-08
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SMI 20 – Swiss
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5.86%
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18-Dec-08
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MDAX - German
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5.68%
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18-Dec-08
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AMX 25 - Dutch
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5.41%
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22-Dec-08
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OMX S 30 – Swedish
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4.00%
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03-Dec-08
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OMX C 20 - Danish
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3.18%
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02-Oct-08
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ATX 20 – Austrian
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2.64%
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06-Oct-08
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S&P MIB 40 - Italian
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2.44%
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16-Dec-08
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OBX 25 – Norwegian
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1.46%
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06-Oct-08
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Commenting on the trading statistics for Q4 2008, Peter Randall, CEO of Chi-X Europe, said, “The final quarter of last year was challenging. We have been encouraged to see that despite the market downturn, our market shares in the FTSE100, AEX 25, FTSE 250, CAC40, DAX 30 and ETFs have continued to hold strong at over 10%.”
