Chi-X Japan

Chi-X Japan



Chi-X Japan is run by Chi-X Global, a provider of trading technology and an operator of global trading venues, including Chi-X Australia, Chi-X Canada, Chi-X Japan and CX2. Chi-Tech, the technology services unit of Chi-X Global, provides technology to its business lines and the Chi-FX platform.

Chi-X Japan is a fully-displayed limit order book. The Proprietary Trading System (PTS) of Chi-X Japan offers trading in Japanese-listed securities, including all Topix 500 and Nikkei 225 constituents. The PTS is operated exclusively for registered broker-dealers in Japan that are members of, or have clearing arrangements with, the Japan Securities Clearing Corporation (JSCC).

Customers of Chi-X Japan are charged a fee for liquidity-taking orders, while liquidity-providing orders are not assessed a fee. The trading platform’s continuous matching model and maker/taker pricing provides incentive to liquidity providers.