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Chi-X Canada is an alternative trading system (ATS) that offers a continuous auction market in TSX-listed securities. Chi-X Canada is owned and operated by Chi-X Canada ATS Ltd., a member of IIROC and the Canadian Investor Protection Fund. Subscription to the Chi-X Canada ATS will be available to IIROC-regulated investment dealers with membership in good standing in Alberta, British Columbia, Manitoba, Ontario or Quebec. Who We AreChi-X Canada ATS Ltd. is a subsidiary of Chi-X Global Inc., a global provider of market infrastructure technologies and trading venues. Through regional trading platforms, Chi-X Global Inc. aims to provide investors around the world with the most efficient markets possible through their high-speed, low-cost, intelligent trading models, while its separately operated Chi-Tech services unit, whose data management and trading technologies have been deployed by some of the world's leading exchanges and financial firms, provides a range of end-to-end trading and market data technologies. Chi-X Global Inc. believes that truly competitive, technology-driven markets benefit all participants in the trading process – investors, brokers and the primary exchanges – by making the market more attractive to the global trading community, which ultimately helps to increase overall market volumes and improve investor performance. The name Chi-X is derived from the 22nd letter of the Greek alphabet, "X" (Chi), symbolizing the "crossing," or matching, 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. Chi-X Global Inc. is comprised of:
Chi-X Canada's mission is to create a world-class electronic marketplace built on advanced technology to drive efficiencies in the Canadian listed equity market through increased transaction speed, greater liquidity and lower transaction costs with a view to improving investor performance. |
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