Chi-X Australia’s real-time data covers Australian cash equities, ETFs and unique products including Transferable Custody Receipts or TraCRs.
Morningstar has added Chi-X Australia to its global market data solutions in order to increase opportunities for Australian investors, providing them with greater choice and clarity on what investment products are available on the market.
It was in Q3 2018 that ASIC updated its market integrity rules to facilitate the introduction of a new type of financial product that securities and derivatives exchange Chi-X Australia Limited (Chi-X) is introducing to its market, known as transferable custody receipts (TraCRs).
Graham Dixon, head of product and client solutions at Morningstar Australasia, said:
“We are thrilled to be working alongside Chi-X Australia as we integrate their data into our global market data solutions. At Morningstar, we are committed to helping investors achieve their financial goals. Expanding our coverage with exchanges such as Chi-X Australia helps increase the opportunities for investors and those that serve them – access to new pools of liquidity and differentiated investment products, such as the TRaCRs, ETFs and Warrants listed on Chi-X Australia. Clients that use Morningstar’s real-time, delayed or end-of-
day data feeds can now offer access to Chi-X Australia in a seamless manner, leveraging our easy-to-integrate, content-rich, web services platform, snapshot files or streaming feeds.”
Vic Jokovic, Chief Executive Officer, Chi-X Australia, commented:
“We are pleased to be expanding accessibility to Chi-X’s market data through this important partnership with Morningstar. As a market challenger, Chi-X is committed to improving market efficiencies and providing cost-effective access to local and global investment opportunities.”
In 2018, Morningstar paired its independent research and data spanning open-end mutual funds, exchange-traded funds, and indexes, with Mercer’s broad global institutional manager data and research to launch an AI-based institutional investment platform. Investors and their advisors have gained an extensive and deep view of their opportunity set and costs, empowering them to make better, overall investing decisions. The offering is being rolled out by region and can be accessed by institutional consultants and investors, asset managers, and financial advisors through Morningstar Direct.
The firm has recently appointed Christian Mesenholl as Head of Central Europe, leading the company’s operation in Austria, Benelux, Germany, and Switzerland.