GATElab, a global connectivity and trading solutions provider, has completed testing on Chi-X, a pan-European multilateral trading facility.
GATElab’s institutional clients will be afforded immediate access to the trading platform. According to GATElab, establishing a gateway to Chi-X is an important addition to the firm’s existing trading suite for financial institutions, particularly its algorithmic offering.
“Through our streamlined business model, institutional investors are able to trade a wide range of European equities and achieve low-cost, high-speed trade execution, as well as potential price improvement,” commented Hirander Misra, COO, Chi-X Europe.