J.C. Flowers & Co. Buys Chi-X Australia, Chi-X Japan, Chi-Tech
Latest acquisition builds on portfolio of investments into Asia-Pacific region for J.C. Flowers & Co.
Chi-X Australia and Chi-X Japan are both subsidiaries of Chi-X Global and alternative trading venues in their respective markets. Chi-Tech is the technology services unit of Chi-X Global.
J.C. Flowers & Co., which has offices in New York and London, has made investments in the Asia-Pacific region for almost 20 years. The firm invested in Shinsei Bank of Japan, KT Capital Corporation, a finance company based in South Korea, and Sicom, a financial solutions and advisory provider based in India.
In total, the firm has $10 billion invested in 42 portfolio companies spanning 15 countries.
"The Chi-X businesses have established themselves as successful and innovative alternatives to primary exchanges," says Thierry Porte, managing director of J.C. Flowers & Co., in a statement. "Their superior technology, service and trade-execution performance will continue to drive positive change and improve markets where they operate. We hope to accelerate this growth through continued enhancements to the platform, including new investment products and markets, and by leveraging our strong relationships throughout the Asia-Pacific region."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Fully electronic IPOs, Google Gemini for finance, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Waters Wavelength Ep. 357: Off topic, on record
This week, Tony, Reb, and Shen talk about non-tech things.
Citi reveals Custody+, AI API security scare, 23/5 trading in Canada, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
API security flaw highlights AI model vulnerabilities
Researchers uncover a way to make weaker AI models reveal the hidden reasoning of more powerful systems.
On vibe coding, no/low-code dev, and some potential misconceptions
The Waters Wrap: Is no-code/low-code even a thing anymore? Not really. But the companies that championed those terms just a few years ago tell Anthony they aren’t going anywhere.
Repo tokens won’t be cleared. Or will they?
Uncertainty lingers over clearing status of tokenized Treasuries, with decision likely devolved to DTCC.
AI startups get big-name investors, SEC denies 24X’s exemption request, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Rapid-fire repo raises hopes of cheaper, faster trading
Tokenized Treasuries piloted by DTCC could squash settlement cycles and enable 24/7 repo.
