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Chi-X throws down the gauntlet to the ASX
Today was the first day of share trading at Chi-X Australia, the new competitor to the Australian Securities Exchange (ASX), competing from inside Australia.
In this video, the interviewer asks Peter Fowler, Chief Executive of Chi-X Australia, which is owned by the Japanese Nomura Corp., some very interesting questions, eg about data feed availabilities and the relevance of the new exchange for the Australian economy. His answers leave room for speculation, but the idea of some competition in this traditionally monopolistic market appears refreshing.
RSDataWeb will make Chi-X trading data available for our clients at the same speed as the stockbrokers flock to the new stock exchange; currently there appear to be 22 stock brokers actively trading on Chi-X Australia.
Enjoy the video!
Posted by Wolf Schumacher
