Chi-X Japan Limited, a wholly owned subsidiary of market operator Chi-X Global, launched Chi-Match VWAP Cross (Volume Weighted Average Price) on 1 September.
Chi-Match VWAP Cross offers participants a broker neutral morning, afternoon and full-day cross.
Chi-X Japan trading participants access Chi-Match through existing connectivity.
Makoto Nagahori, chief operating officer of Chi-X Japan, says: “We are very encouraged by the early adoption of Chi-Match from both new and existing participants. As participants continue to look for greater liquidity and opportunities to achieve better execution for their clients, we are pleased that we can offer a crossing facility that benefits the trading community.”