Nomura subsidary Instinet has formed Chi-X Global, a holding company for the operations of Chi-X platforms in Europe, Canada and the Asia-Pacific region. Chi-X Global will be led by Tony Mackay as chief executive officer. Instinet also says it intends to launch Chi-X Australia, an alternative trading system based on the same technology and pricing model as Chi-X Europe and the soon-to-launch Chi-X Canada.

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