Chi-X hits record for FTSE stocks

Chi-X, the European equity trading system, yesterday increased the pressure on Europe’s largest stock exchanges, hitting a new record for trading FTSE100 stocks. It comes as shares in one of its main rivals, the London Stock Exchange, slipped to their lowest levels in over two years.

Chi-X yesterday trading more than €3bn (($4.6bn) of European shares and 15% of FTSE 100-listed stocks in one day for the first time.

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