Chi-X goes global

Instinet, the Nomura subsidiary and part-owner of pan-European multi-lateral trading facility Chi-X, has established Chi-X Global, a holding company for the operations of Chi-X platforms in Europe, Canada and the Asia-Pacific region. Chi-X Global will be managed by Tony Mackay as chief executive. Mackay has been with Instinet since 1995 and currently serves as president and managing director of Instinet Europe. Instinet also announced plans last month to launch Chi-X Australia, in addition t