Investment and advisory firm, Jarden Australia, has been the 50th firm to be admitted to the Chi-X Australia stock exchange while Chi-X gears up to be acquired.
Jarden Australia’s chief executive, Robbie Vanderzeil said the firm’s admission underlined its client-centric culture in an announcement.
“Connecting to Chi-X Australia will assist us to deliver an exceptional level of service across the trans-Tasman market and a seamless experience for our clients – from the provision of advice to executing trades directly to markets,” he said.
Chi-X said Jarden joined a growing number of institutional and retail clients to partner with the exchange.
Chi-X Australia also said in the announcement that Cboe Global Markets had entered an agreement with J.C. Flowers and Co to acquire the Chi-X group, including the Australian arm with the deal expected to close in the coming months.
Chi-X Australia’s chief executive, Vic Jokovic, said: “We are excited to draw upon Cboe’s core strengths as a leading global exchange to further enhance the competitive landscape in the Australian market.
“As one of the largest exchanges in the world, Cboe’s significant scale will bring new innovation and market solutions to better meet the needs of Australian investors.”