Business
Chi-X deal boosts pressure on ASX – The Australian Financial Review
Chi-X Australia received a boost in its challenge to the ASX, its dominant rival, after one of the world’s biggest exchange operators purchased the company on Thursday….
Chi-X Australia has an 18 per cent market share in Australia but does not compete on listings. Again, the dominance of the ASX has raised questions, given issues that have delayed listings, including this weeks bumper initial public offering for Airtasker, which was delayed a day due to human error, the exchange operator said.
Cboe pointed to Chi-X Australias market share, and trading capabilities across all Australian listed securities, including exchange traded funds, in highlighting its ability…
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