Chi-X Europe Extends Trading Services to Norwegian and Danish Stocks

Chi-X Europe Limited, operator of the first live, pan-European equity multilateral trading facility (MTF), is successfully trading, clearing and settling five of the top component stocks of the Oslo OBX 25 and OMX Copenhagen 20 indices, and plans to introduce the remainder of the indices' names by the end of the month. "Since launching some fifteen months ago, we have introduced trading services for many of Europe's most heavily-traded equities and are pleased to extend coverage to these top Norwegian and Danish names," said Peter Randall, CEO of Chi-X Europe, in a press release. "Chi-X Europe participants continue to enjoy price improvement and lower trading costs, and remain committed to providing the European trading community with the benefits of our faster, cheaper and smarter model," he said. The introduction of trading in Norwegian and Danish stocks follows Chi-X Europe's addition of the Swedish OMX Stockholm 30 and Finnish OMX Helsinki 25 component stocks earlier this year, a development which represents a milestone for those trading the Scandinavian markets.