Financial Times FT.com

Chief to go as Chi-X Europe faces a shake-up

By Jeremy Grant

Published: February 25 2009 23:06 | Last updated: February 25 2009 23:06

Chi-X Europe, the pan-European share trading platform, is to lose its chief executive in a reorganisation by controlling shareholder Nomura of Japan, people familiar with the move said.

The move will come as a shock to market participants because Peter Randall, 53, has been credited with rapidly building Chi-X to the point where it is now the fifth-largest share trading venue in Europe by volume.

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