Chi-X Australia Appoints New Head Of Market Operations As Trading Turnover Tops A$20 billion In October
His appointment comes as Chi-X Australia entered into its fourth year of operations with a record month in October, a few highlights include:
Turnover
|
Market Share
|
|
Total Market |
A$20.34 billion
|
18%
|
Continuous Trading |
A$10.57 billion
|
15%
|
Hidden Liquidity |
A$2.93 billion
|
Chi-X’s existing Head of Market Operations, Jamie Crank, has moved to a new role as Head of Product where he is responsible for developing trading solutions. In addition, Chris Lampropoulos, who previously worked for Chi-X Canada, has joined Chi-X Australia and is responsible for the development of the market data business.
Mike Aikins, Chief Operations and Technology Officer of Chi-X Australia, commented, “We are excited to welcome Peter back to the Chi-X team. He brings with him a wealth of experience and a deep understanding of our market operations having previously worked with Chi-X as a consultant in 2011 at the time of our launch.�?
“We look forward to leveraging Peter’s knowledge and experience to strengthen our operational customer relationships and position Chi-X for continued further growth – growth that was evidenced by record turnover figures last month where we exceeded $20 billion in total market turnover, and saw a strong pickup in trades being transacted on our integrated Mid-Point order facility,�? Mike Aikins noted.
Commenting on his appointment Peter Warton said, “Over the last four years I have been attentively watching the Chi-X growth story, I’m pleased to be back working with the Chi-X team as we look to build a better Australian trading community, working together with our Participants.�?
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