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MTFs look to US precedent with Chi-X takeover enquiry

Alternative trading platforms could face further consolidation as Europe's largest MTF confirms it is subject to a takeover enquiry

The European equity markets could be about to follow the precedent set in the US with a second - and Europe's most successful multilateral trading facility - subject of a takeover enquiry.

Chi-X Europe today confirmed it has received an initial enquiry from an anonymous third party.

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