Five Firms Take Minority Stake in Chi-X Global
Five firms, including BofA Merrill Lynch, GETCO, Goldman Sachs, Morgan Stanley and Quantlab Group, have taken a minority stake in Chi-X Global Holdings. Chi-X Global operates a trading platform and is the holding company for Chi-X Canada, Chi-X Japan and Chi-X Australia, which is expected to launch Oct. 31. Instinet, which is owned by Nomura Group, is the largest equity holder of Chi-X. Financial Technology Partners provided financial advice to Instinet and Chi-X global.
18 October 2011•2 mins read
