J.C. Flowers Buys Chi-X Trading Business in Australia, Japan

  • Head of Japan unit aiming for 5% to 10% market share
  • Chi-X Canada venue was sold to Nasdaq Inc. in December

Chi-X office in Sydney, Australia.

Photographer: Ian Waldie/Bloomberg

J.C. Flowers & Co. agreed to buy Chi-X Global Holdings LLC’s Australian and Japanese businesses, giving the New York-based private equity firm two exchanges that have battled for more than four years to grab market share from dominant bourse operators.

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