What is Chi-x?

What is Chi-x?Chi-x Europe Limited has received recognition as a Multilateral Trading Facility (MTF) from the Financial Services Authority (FSA) and is authorized to provide services to firms throughout Europe. Established in response to clients’ demands for a faster, cheaper and higher capacity alternative to trading, Chix is the first order-driven, pan-European matching engine and central limit order book. It is up to 10 times faster and cheaper than trading equities on traditional equity exchanges. Live trading in European equities started on March 30, 2007.

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