Chi-X Europe Wins "Best MTF" in Waters EuroFIT Awards.LONDON -- Chi-X Europe Limited, operator of the largest pan-European equity multilateral trading facility (MTF (1) (Modulation Transfer Function) A measurement of monitor sharpness. MTF compares the contrast ratio between alternating black and green lines that are one pixel thick. ), today announced that it has been named "Best MTF" in the inaugural Waters EuroFIT (European Financial IT) Awards, bestowed by Waters Magazine. The award is the latest in a series of accolades received by Chi-X Europe over the past year, including: * Financial News' "Awards for Excellence in I.T. Trading & Technology, Europe 2009 - "Best MTF" (also received award in 2008) * Financial Sector Technology's FST Awards, 2009 - "Best Trading Platform" * Systems in the City Awards, 2009 - "Best MTF" * funds europe Awards, 2008 - "Best Trading Venue" Commenting on the latest award, Mark Howarth, Interim CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said: "We are delighted that the industry has yet again recognised the benefits that Chi-X Europe delivers to its trading participants and the industry at large. Since launch over two and a half years ago, we have continued to innovate, improve our services for our customers and build our liquidity. Today, Chi-X Europe is the fourth largest trading venue by value traded in Europe1 and represents nearly 25 percent of trading in the FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 100 stocks. These industry accolades are a testament to the hard work and dedication of the Chi-X Europe team to provide an excellent service to our trading participants." About Chi-X([R]) Europe Chi-X Europe Limited is an FSA-authorised securities firm operating a multilateral trading facility (MTF). Chi-X Europe enables its trading participants to trade a wide range of European equities in both a visible order book and the Chi-Delta([TM]) non-displayed order book. Chi-X Europe also offers Chi-Vision([TM]), a separate routing service. Chi-X Europe's low-cost, streamlined operating model is designed to help trading participants achieve ultra-low execution, clearing and settlement costs, and benchmark tests have shown Chi-X Europe to be significantly faster than Europe's traditional equity exchanges. Chi-X Europe disseminates real-time market data directly and via third-party market data vendors at no cost, and off-exchange trade reporting is available for a low monthly fee. For more information, please visit www.chi-x.com. [c]2009 Chi-X Europe Limited. All rights reserved. CHI-X is a registered trademark in the UK and Europe. Approved for distribution in Europe by Chi-X Europe Limited, which is authorised and regulated by the Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh. . 1 According to the October 2009 statistics issued by the Federation of European Stock Exchanges (FESE FESE Federation of European Stock Exchanges ) |
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