Chi-X® Europe Limited, operator of the largest pan-European equity multilateral trading facility (MTF), today published its trading statistics for the second quarter of 2009.
Chi-X Europe offers trading in component stocks of 19 indices across 14 major European markets, as well as ETFs (Exchange Traded Funds) and ETCs (Exchange Traded Commodities), providing access to a universe of over 900 stocks for its trading participants. In the last quarter, Chi-X Europe added the component stocks of the PSI 20 (Portuguese main index) to its growing list of available indices.
Commenting on the announcement, Mark Howarth, CEO of Chi-X Europe, said, “Given recent market volatility, we are pleased to see that not only is liquidity returning to the markets, but also that many participants new to the European markets are now actively trading here. We believe this has had a significant impact on overall market volumes and are greatly encouraged by the growth in volumes, numbers of trades and overall turnover on Chi-X Europe.”
Chi-X® Europe Trading Statistics – Q2 2009 |
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Q2 Overview (vs. Previous Quarter)
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June Overview (vs. May)
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Number of Trades
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37,053,547 (+40%)
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14,135,035 (+20%)
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Share Volume
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29,748,140,505 (+36%)
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10,768,813,179 (+15%)
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Turnover
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€209,530,354,507 (+41%)
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€77,154,905,791 (+14%)
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Price Improvement[1]
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Month
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Percentage of Trades Executed At or
Better than the Primary Market Spread
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Average Price Improvement (basis
points)
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Jun-09
|
92%
|
2.40
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May-09
|
92%
|
2.38
|
Apr-09
|
92%
|
2.42
|
Mar-09
|
92%
|
2.64
|
Feb-09
|
92%
|
2.83
|
Jan-09
|
91%
|
2.88
|
Dec-08
|
90%
|
3.59
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Nov-08
|
89%
|
3.53
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Oct-08
|
88%
|
3.56
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Sep-08
|
92%
|
3.19
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Aug-08
|
92%
|
2.61
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Jul-08
|
92%
|
2.66
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Trading Highlights – Q2 2009 |
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Index
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Consolidated Market Share[2]
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Date
|
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FTSE 100 – British
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23.33%
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25-Jun-09
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CAC 40 – French
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21.30%
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28-May-09
|
|
FTSE 250 – British
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21.14%
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23-Jun-09
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AEX 25 – Dutch
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20.27%
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05-Jun-09
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SBF120 – French
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19.92%
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28-May-09
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DAX 30 – German
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18.56%
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11-Jun-09
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CAC Next 20 - French
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18.03%
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23-Jun-09
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|
BEL 20 – Belgian
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15.57%
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28-May-09
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|
OMX S 30 – Swedish
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15.08%
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25-Jun-09
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ETFs
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12.40%
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17-Jun-09
|
|
MDAX – German
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12.25%
|
23-Jun-09
|
|
OMX H 25 – Finnish
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11.82%
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23-Jun-09
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|
OMX C 20 – Danish
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11.35%
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26-Jun-09
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AMX 25 – Dutch
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9.97%
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15-Jun-09
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SMI 20 – Swiss
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9.80%
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23-Jun-09
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MIB 40 – Italian
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8.96%
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05-Jun-09
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|
OBX 25 – Norwegian
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5.39%
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29-Jun-09
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ATX 20 – Austrian
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3.14%
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18-Jun-09
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IBEX 35 – Spanish
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0.36%
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24-Jun-09
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1Basis points price improvement is calculated by comparing the execution price against the primary market best bid for each sell or best offer for each buy at the point of execution for all aggressive trades executed on Chi-X Europe, and is calculated from the perspective of the aggressive party only.
2Consolidated Market Share is Chi-X Europe on order book consideration as a percentage of combined Primary Exchange, Chi-X Europe, NASDAQ OMX Europe, Turquoise, BATS and NYSE Arca Europe on order book consideration.