Chi-X® Europe Limited, a pan-European equity alternative trading system (ATS), has published its trading statistics for the month of September 2007.
Chi-X Europe offers trading, clearing and settlement in component stocks of the FTSE 100, Dutch AEX 25 and German DAX 30, and will introduce trading for other major European markets before MiFID comes into effect on 1 November 2007.
Chi-X® Europe Trading Statistics - September 2007
Overview (vs. Previous Month) |
||
Number of trades |
531,458 (+71%) |
|
Share volume |
367,913,685 (+89%) | |
Turnover |
€ 10,918,269,828 (+128%) |
Market Share Highlights | ||
Stock | Date |
Percentage of
Combined Chi- |
Philips Kon ORD | 6 September 2007 | 31.87% |
Philips Kon ORD | 5 September 2007 | 25.12% |
BASF | 20 September 2007 | 22.27% |
Bayer | 18 September 2007 | 17.36% |
ING Groep | 6 September 2007 | 17.33% |
R Dutch Shell A ORD | 6 September 2007 | 17.07% |
Price
Improvement * |
||
Month | Percentage of
Trades |
Average Price
Improvement |
September 2007 | 86% | 1.85 |
August 2007 | 49% | 1.97 |
July 2007 | 57% | 2.17 |
June 2007 | 69% | 2.67 |
May 2007 | 54% | 1.5 |
* Price
improvement defined as the difference between average primary exchange price and Chi-X
execution price. |