JC Flowers to buy Chi-X's Asia trading platforms
J.C. Flowers has agreed to buy the Australia and Japan businesses of Chi-X Global Holdings, an alternative equity trading platform that competes with primary exchanges, as well as the company’s Hong Kong-based technology services unit.
Financial terms were not disclosed. Coming shortly after a deal was struck with NASDAQ to sell Chi-X Canada - which handles 22% of the order flow of TSX Composite Index securities in the country - Chi-X...
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