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Chi-X Australia Trading Volume Market Share at Record

Sept. 14 (Bloomberg) -- Chi-X Australia Pty., rival to Australia’s operator of the country’s largest stock exchange ASX Ltd., posted a record 7.2 percent of market share for equity trading yesterday, according to its data.

That accounts for about A$214 million ($225 million) of share trading, the data show. ASX lost its monopoly as Australia’s only public venue in November last year with the entry of Chi- X, backed by Nomura Holdings Inc.

To contact the reporter on this story: Adam Haigh in Sydney at ahaigh1@bloomberg.net

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net

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