BATS and Chi-X in Take-Over Negotiations

- By Faye Kilburn
- @Fayekilburn
- 23 Dec 2010

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Multi-lateral trading facility Chi-X Europe, has entered into takeover discussions with BATS Global Markets, after reports emerged earlier this month that it had received bids from the four largest exchange operators in the US.

Officials from BATS Global Markets and Chi-X Europe have announced they "have entered into negotiations regarding the potential sale of Chi-X Europe to BATS Global Markets," but added that "there would be no further public statements at this time."

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