Chi-X Japan Receives Launch Approval

On July 8, 2010, in News, by Prime Services

Chi-X® Global Inc. today announced that its Japanese subsidiary, Chi-X Japan Limited, has been granted a PTS (proprietary trading system) License by the Japan Financial Services Agency (FSA). Trading on the Japanese equities platform is expected to begin July 29.

Chi-X Global currently operates Chi-X Canada and is soon expected to launch Chi-East, the Chi-X Global / Singapore Exchange Limited joint venture that will be the region’s first exchange-backed, non-displayed trading platform1. Chi-X Global is a subsidiary of electronic trading pioneer Instinet Incorporated, which is the largest and founding shareholder of Chi-X Europe2. Instinet is a wholly-owned subsidiary of Nomura Holdings, Inc.

View full release at – http://finance.yahoo.com/news/ChiX-Japan-Receives-Launch-bw-2431318944.html

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