Alternative share trading platform operator, Chi-X Global, is in discussions with four trading firms and banks to sell a minority stake, Financial Times reports. Interested trading firms are Chicago-based proprietary trading firm, Getco, Houston-based Quantlab Financial, Deutsche Bank and Bank of America Merrill Lynch. A deal will value Chi-X Global at around $50 million. The move comes as Nomura, which owns Chi-X Global through its Instinet agency broking service, is assessing its equities trading business.
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