Chi-X Global Names New Chairman and CEO

Chi-X Global, the holding company for regional Chi-X market centers and the Chi-Tech solutions providers, announced that Tony Mackay has been appointed Chairman of the Board and John Lowrey has been tapped to succeed Mackay as CEO.

In a statement, Mackay said, “It was clear soon after Chi-X Europe’s launch nearly two years ago that there was a real opportunity to replicate the success of its model in markets around the world, which we’re now beginning to see with Chi-X Canada. We are excited for John to join us and to contribute his expertise in building upon the foundation that Chi-X has established.”

Lowrey added, “We believe that there are tremendous opportunities for Chi-X globally, both in developing new market centers and in providing technological solutions to other trading venues. I couldn’t be happier to work with the Chi-X team executing on this vision.”

Lowrey, who is currently managing director of Nomura International, will be based in London.