Chi-X Europe Trading Gains, 2010 Value Exceeds $2.2 Trillion
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Chi-X Europe Ltd.’s fourth-quarter trading volumes rose 36 percent, pushing the value of trades in 2010 to more than 1.6 trillion euros ($2.2 trillion), as the region’s biggest alternative trading system continued to take business from traditional stock exchanges.
The number of trades on its markets increased to 63 million from 46.3 million in the year-earlier period, London-based Chi-X Europe said in an e-mailed statement today. Volume rose 1 percent compared with the third quarter.