The platform has enjoyed some success in Europe and is now equivalent to being the fifth-largest exchange in the region, says Mark Howarth, chief operating officer for the Asia-Pacific region at Chi-X, during a visit to assess the progress of the Tokyo operation.
He says: “The benefits of the system are that customers can trade across multiple markets quickly; trading is cheaper than on traditional exchanges; and we can offer innovative order types that allow new trading strategies.
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