Announced

JC Flowers & Co has completed its acquisition of Chi-X Australia, Chi-X Japan and Chi-Tech Hong Kong.

Synopsis

JC Flowers & Co, a private equity company, has completed its acquisition of Chi-X Australia, Chi-X Japan and Chi-Tech Hong Kong, trading systems provider. Financial terms were not disclosed. “The Chi-X businesses have established themselves as successful and innovative alternatives to primary exchanges. Their superior technology, service and trade execution performance will continue to drive positive change and improve markets where they operate. We hope to accelerate this growth through continued enhancements to the platform, including new investment products and markets, and by leveraging our strong relationships throughout the Asia Pacific region.” Thierry Porte, JC Flowers & Co Managing Director.

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