Jarden Australia admitted to Chi-X exchange
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.”
Recommended for you
Platinum Asset Management has put its two closed-end funds under strategic review in a bid to reduce the share price discount to pre-tax NTA and maximise shareholder value.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
