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-====== Chi-X Australia ====== 
-The first alternative execution venue in Australia, competing with the [[asx|ASX]] for market share in equities trading. 
  
-[[http://www.chi-x.com.au/ | Homepage]]\\  
-Currency - Australian Dollar (AUD) 
-===== Trading Hours & Calendar ===== 
-[[http://www.chi-x.com.au/Trading/TradingHours.aspx | Trading Hours]]\\  
-[[http://www.chi-x.com.au/Trading/TradingHours.aspx | Holiday Calendar]] 
- 
-===== Trade Execution Summary ===== 
-Launched in November 2011, Chi-X Australia's stated goal is to offer traders and investors with a low-cost, high-speed alternative to the primary equity market in Australia. 
- 
-==== Lit Order-types ==== 
-  * Limit Buy/Sell->ShortSell 
-  * Market Buy/Sell->ShortSell 
- 
-==== Basic Market Rules ==== 
-Note: Basic rules are the same as those for the primary market ([[asx|ASX]]) 
-  * [[http://www.asx.com.au/resources/security-quantity.htm | Lot Size]] - minimum lot size = 1; maximum lot size = 999,000,000 
-  * [[http://www.asx.com.au/resources/price.htm | Tick Size]] - Up to 10c = 0.1c ; 10c up to $2.00 = 0.5c ; $2.00 up to $99,999,999.00 = 1c 
-  * [[http://www.asic.gov.au/asic/ASIC.NSF/byHeadline/Short%20selling | Short Sale Rules]]: Short sales must be declared and are only permitted where a locate for the shares has been obtained. Naked short selling is prohibited. For further guidance on short-selling in Australia please refer to [[http://www.asic.gov.au/asic/pdflib.nsf/LookupByFileName/rg196-short-selling-20110429-updated-ASX200-to-ASX300.pdf/$file/rg196-short-selling-20110429-updated-ASX200-to-ASX300.pdf | Regulatory Guide 196: Short Selling]] 
-  * Circuit Breakers - although Chi-X does not have explicitly defined circuit breakers, it will suspend trading if a security is subject to a suspension or trading halt on the listing market (ASX). In addition Chi-X has absolute discretion to suspend access or cease trading if it considers it appropriate to do so. Further information can be found in the Operating Rules [[http://www.chi-x.com.au/Compliance.aspx | here]]. 
- 
-==== Auction Mechanisms ==== 
-Chi-X Australia does not have an opening or closing auction mechanism. 
- 
-===== Additional Info ===== 
-Here you can find a number of third-party reference sources to help you learn more about the Australian equities markets. 
- 
-==== Financial News/Research ==== 
-  * [[http://www.theaustralian.com.au/business | The Australian: Business Section]] 
-  * [[http://afr.com/business | The Australian Financial Review: Business Section]] 
-  * [[http://au.finance.yahoo.com/ | Yahoo!Finance - Australia]] 
-  * [[http://www.smh.com.au/business/markets | Sydney Morning Herald - Markets Section]] 
- 
-==== Market Data ==== 
-  * [[http://www.asx.com.au/asx/markets/equityPrices.do | ASX Market Data]] 
- 
-===== See Also ===== 
-  * [[alternativetradingsystems|Alternative Trading Systems]] 
-  * [[equity_markets|Equity Markets]] 
-===== References ===== 
chixaustralia.1374506301.txt.gz · Last modified: 2017/03/14 12:33 (external edit)