Chi-X continues Asia march with Tokyo launch
As Chi-X goes live in Japan, the alternative trading platform's Asia-Pacific chief speaks about competition, regulatory development and high-frequency trading.
Alternative lit trading venue Chi-X has had a busy month. Having been granted its Japanese proprietary trading system (PTS) licence in early July, the firm went live with Chi-X Japan last Thursday (29 July), as scheduled, and expects to launch in Singapore in September and Australia around March.
The dates for Singapore and Australia are later than was originally planned, but the US stock market 'flash crash' on May 6 -- which prompted regulators worldwide to examine their rules on …
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