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
LSEG unveils tick history data with AI-enhanced capabilities
Tick history data with AI-enhanced capabilities and the benefits to LSEG Data & Analytics’ clients
Can AI be the solution to ESG backlash?
AI is streamlining the complexities of ESG data management, but there are still ongoing challenges.
Banks weigh how to embed GRC in AI
Having governance, risk, and compliance at the core of AI product development will offer explainability and auditability, bank execs said.
Bank of America’s GenAI plan wants to avoid ‘sins of the past’
Waters Wrap: Anthony spoke with BofA’s head of platform and head of technology to discuss how the bank is exploring new forms of AI while reducing tech debt and growing interoperability.
Waters Wavelength Ep. 334: BofA’s Krishnan and McInnes
This week, Bank of America’s Ashok Krishnan and Duncan McInnes join Tony to discuss the build, buy, borrow strategy and instilling the right culture within the bank.
New GPU indexes to provide transparency into AI compute
Silicon Data, a company backed by DRW and Jump Trading, has launched its H100 and A100 indexes, providing transparency into the economics of AI compute.
Compliance startup bolsters advisory board, finalizes Series A funding
Umony has added former compliance officers from JP Morgan, as well as the FCA and the SEC.
Trust though transparency: The need for explainable AI
In this guest column, Broadridge’s Mary Beth Sweeney tells the story of BondGPT’s creation and the company’s endeavor to ensure that any user inquiries are met with traceable answers from the service.
