Chi-X Australia offers a valuable alternative to trading on ASX, using its low latency, high performance, and proven trading system. Chi-X Australia provides innovative new order types, price improvement opportunities, coupled with the potential for lower costs and a more efficient way to trade.
The name Chi-X is derived from the Greek letter Chi, written "X", symbolizing the crossing of the two sides of a trade. Along with the “X” from the English alphabet, the name signifies a combination of the old world and modern world, or traditional securities trading techniques married with cutting-edge technology.
What products can I trade on Chi-X?
All cash equity products listed on the ASX can be traded on Chi-X. As of Q4 2015, Australians and overseas investors will be able to trade investment products uniquely quoted on Chi-X.
What are shorter queues on Chi-X?
Chi-X does not have an opening or closing auction, all securities open for trading at 10:00am. Since Chi-X is a day only trading market, there are no queues at the beginning of the trading day. This allows investor orders greater opportunity to get to the top of the queue. For more information please contact: [email protected]
How do I get access to Chi-X market information?
Most major market data Vendors and Brokers can make Chi-X real-time data available through their trading platforms, display devices, feed products, web portals and mobile devices. For more information please contact: [email protected]
- Chi-X continuous trading:
- 10:00 – 16:12 AEST
- Chi-X @LAST trading session:
- 16:12 – 16:20 AEST
Australian Markets Conceptual Diagram
1 Chi-X's integrated order book allows investors access to mid-point, Lit, Market-On-Close and @LAST trading facilities via a single access point. This makes it more efficient for investors to access the Chi-X market without additional infrastructure costs.