Chi-X Grows, Turquoise to Launch


Chi-X now trades, clears and settles stocks in 10 European markets, having extended its service to include Belgian, Danish and Norwegian stocks in the last two months. Chi-X also plans to roll out to Italy, Spain, Austria and Portugal, with specific dates still to be announced.

More than 12.5 million trades were executed on Chi-X in the second quarter of 2008, a 90 percent rise on the previous quarter.

Offering an ultra-fast matching engine, Chi-X has managed to carve out considerable market share

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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