Chi-X Canada keeps pressure on TMX

The alternative exchange operator is poised to open a second trading venue in the North American market early next year

Alternative exchange operator Chi-X Global has enjoyed a record month of trading volumes in Canada, the North American market where it is poised to open a second trading venue early next year

Toronto-based Chi-X Canada, owned by alternative exchange operator Chi-X Global, has completed share trades worth C$27bn so far this month, representing 21% of total Canadian share trading, according to data from Thomson Reuters. Even with a day of trading left in November, the figure is already a one-month record, surpassing the C$26.8bn traded on the venue in October.

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