Chi-X Europe, the equity trading system that is rivalling EuropeâÂÂs stock markets, passed a new milestone in its bid to challenge the London Stock Exchange, after more than a fifth of all FTSE 100 stocks traded at certain times yesterday were executed on the company's system.
The achievement comes as Chi-X prepares to compete with rival trading systems such as Turquoise, the pan-European platform backed by nine investment banks, which is gearing up for a "soft launch" tomorrow.
