CHI-X OFFERS ITS MARKETPLACE THROUGH PORTWARE’S ENTERPRISE PLATFORM

Posted April 22, 2008

LONDON – Chi-X Europe, the European multi-lateral trading facility (MTF), has integrated the Enterprise trading platform from multi-asset trading solutions provider Portware into its MTF.

“Through our streamlined business model, institutional investors are able to trade a wide range of European equities and achieve low-cost, high-speed trade execution, as well as potential price improvement,” says Hirander Misra, Chief Operating Officer, Chi-X Europe.

Portware’s Enterprise platform provides certified connections to more than 300 global execution destinations, offering greater control over order flow.

“The European marketplace is changing rapidly,” observes Stuart Adams, Head of European Operations at Portware. “To achieve maximum trading efficiencies and ensure best execution, firms must be able to access all liquidity sources from a single, flexible trading platform. Portware’s partnership with Chi-X Europe illustrates our commitment to providing access to market destinations worldwide.”