Chats or BIX Europe – the shape of things to come?
Few can have missed the reports that BATS Global Markets is believed to be in negotiations to buy Chi-X Europe. There is a certain logic for closer ties between the two as they both share a number of the same owners. The timing may also be significant as the fall-off in European volume will have affected the alternative venues far more (they typically run at around breakeven and so are more sensitive to overall declines in market volume). On the other hand, BATS and Chi-X were... Read More

