Chi-X Europe, a pan European multilateral trading facility (MTF) owned by agency brokerage Instinet, will start offering Portuguese stocks from 26 June.
From this date, five stocks from the PSI20 index – EDP Renovaveis, Energias de Portugal, Galp Energia, Portugal Telecom SGPS and Zon Multimedia Servicos de Telecomunicacoes will be made available for trading.
The remaining 15 constituents of the PSI20 index will be added to the platform on 3 July.
Currently, broker-backed MTF Turquoise is the only other alternative trading venue to offer Portuguese stocks. According to the Fidessa Fragmentation Index, a weekly report on where European equities are traded, Turquoise grabbed a 1.01% share of the PSI20 in the week ending 29 May.