Chi-X will receive its license in April to operate in Australia, and should have a fully...

|By:, SA News Editor

Chi-X will receive its license in April to operate in Australia, and should have a fully operational competitor to the ASX up and running by October. Partly owned by Nomura (NMR +1.1%), it's been a long wait for the alternative exchange, which first applied for the license 3 years ago.