Trading

Profits surge at Bats Chi-X Europe

Europe's largest equity exchange by market share plots 'new growth initiatives by expanding its asset classes'

Profits surge at Bats Chi-X Europe

Revenues at the European stock market run by privately-held US exchange operator Bats Global Markets climbed nearly 10% to more than £60 million in 2014, as the business targets replicating its equities success in other asset classes.

London-based Bats Chi-X Europe recorded pre-tax profits of £22.1 million in 2014, marking a 31% surge from £16.9 million in 2013, according to accounts filed in late August at the UK's Companies House.

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