Following a successful period of initial integration with Cboe Global Markets, Chi-X Australia has become Cboe Australia, the company announced in a statement on Tuesday.
According to the subsidiary of Chi-X Asia-Pacific Holdings, the ongoing integration with Cboe will allow Chi-X to deliver benefits to the Australian market such as the block trading capabilities of BIDS Trading.
“From today, we adopt the Cboe name and logo, which unifies our organisation globally and better reflects the future of our company,” said Cboe Australia CEO Vic Jokovic.
“While our name and logo have changed, our customer-focused philosophy and commitment to enhancing the Australian market through innovation remain firmly in place.”
Cboe Australia will continue to use the acronym CXA, while all Chi-X branded products will be updated.
Also on Tuesday, Cboe Australia celebrated its first fund launch since the rebranding, helping Australian Ethical kick off its Ethical High Conviction Fund (AEAE).
“We’re pleased to welcome Australian Ethical and AEAE to Cboe Australia, which builds on the success of our existing funds business,” Mr Jokovic said.
“AEAE will broaden the opportunity for investors to make values-driven investments on the Cboe Australia exchange, at a time when more investors are mindful of the environmental and social impacts of their investments.”
AEAE commenced trading on the Cboe Australia exchange on 1 February.
Maja Garaca Djurdjevic
Maja's career in journalism spans well over a decade across finance, business and politics. Now an experienced editor and reporter across all elements of the financial services sector, prior to joining Momentum Media, Maja reported for several established news outlets in Southeast Europe, scrutinising key processes in post-conflict societies.