Feature: ASX, Chi-X Prepare to Compete in Australia
Competition among trading venues is nothing new in Europe and North America. The splintering of the exchange landscape followed regulatory overhauls in both regions, and the markets have felt the impact.
The Australian equities markets, meanwhile, have so far been spared any serious competition—until now. And it certainly has been a long time coming, says Peter Fowler, COO of Chi-X Australia, an alternative trading venue that is set for an October launch in the country.
“We lodged our
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