Chi - X trading platform valued at 300 m £ after submission approach

Chi-X trading platform valued at ?300m after bid approachChi - X trading estimated ?300m after submission platform approach. Photo: ALAMY

The company belonged to a list of 13 banks including Goldman Sachs, UBS and Morgan Stanley sent protocol information to interested parties, with the initial indications of interest from this thought that seven potential bidders.The seven included Nasdaq OMX and NYSE Euronext, owner of Londres.Bob Greifeld LIFFE futures market, Nasdaq OMX Chief Executive said folder is interested in the evaluation of the mini-bourse finance.

Lexicon partners, which manages the process of sale along with Deutsche Bank, has been appointed the year at an approach to a bidder whose identity remained unknown for 175 m £, an amount deemed to be too low.However workload vocabulary increases to an approach of bats, the United States Commerce platform in August, which led to issue a statement on the market.

A person with knowledge of the situation suggested the 300 million price tag of £ is slightly above the market rates that Chi - X has yet to achieve profitability throughout the year .Ses more recent results shown on sales in 2009 24 m £, though it is supposed to be out of the Red just two months ago.

Platform, launched in 2007, has a 17 5pc share the European market share and looks like a little implementation of turquoise, purchased by the London Stock Exchange in the tail - end of last year.

A spokesman for Chi - X returns no comment.


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