The CHX, founded in 1882, is the second most active stock exchange in terms of share and trade volume and is the fastest-growing exchange in the U.S. Brokers can trade more than 4,400 NYSE, Nasdaq, Amex, and CHX-exclusives at the CHX through a single system, creating a true "one stop shop" for equities trading.
Now Global Crossing's extensive customer base, spanning over 1,200 of the world's top financial firms, will be able to immediately gain access to the Chicago Stock Exchange.
"The Chicago Stock Exchange has always been a leader among the exchanges in its implementation of new technologies," said Rich Farrell, managing director, Global Crossing Financial Markets. "We are proud to be working with the CHX to expand its reach and offer our clients increased liquidity and execution options by adding another exchange to our network."
"We chose Global Crossing because it offered the best reliability, security and network services available to continue our business growth," said Paul Richards, senior vice president, sales and customer service at The Chicago Stock Exchange. "By gaining access to Global Crossing's invaluable on-net community of users through the Global Crossing Financial Extranet, the CHX will continue to enhance its ability to provide fast, high-quality executions at reduced costs to investors."