Haynes' Manual

You joined Chi-X Europe as CEO in January from broker ITG. As a previous client of Chi-X, what experience do you bring that can help grow the business?

Haynes: Like every participant, clients are focused on minimizing their implicit and explicit trading costs. On every trade, brokers seek to identify opportunities for price improvement and means to minimize the implicit market impact and opportunity costs of trading. Brokerage, connectivity and exchange costs represent the largest explicit

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