Chi-X Targets ASX With Free Australian Data

The ATS, which is currently awaiting a market license from the Australian Securities and Investments Commission, will provide real-time Level 1 and Level 2 data free of charge-following the model of Chi-X in Europe-for equities traded on the platform, which will initially concentrate on primary index stocks like the ASX 200 in Australia, according to Chi-X Global chief executive Tony Mackay.

Chi-X Australia's platform will be based on the same technology and pricing model as the MiFID-inspire

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