Cboe Australia, formerly Chi-X Australia, was acquired by Cboe Global Markets in July 2021 and rebranded as Cboe Australia in February 2022.

"Since Cboe acquired Chi-X, we have been focused on delivering benefits to the Australian market that only Cboe can provide," said Chris Isaacson, Executive Vice President and Chief Operating Officer, Cboe Global Markets. "Significantly, this required migrating Chi-X's platform to Cboe technology, enabling Australian customers to benefit from our world-class innovations and seamlessly accessing Cboe's diverse markets, asset classes, data and product suite with greater ease and efficiency."

With the migration to the Cboe technology platform, Cboe Australia now has the performance and capacity to better meet both current and projected future capital markets trading volumes for the entire Australian equities marketplace.

Isaacson continued: "As an innovative leader and globally trusted market operator, Cboe Global Markets has deployed technology that provides feature rich, low latency access to all participants. With the first deployment in APAC of the Cboe Latency Equalization capability, Cboe Australia participants all benefit from a high-performance technology platform that helps to ensure equitable access to all."

"Executing the migration of Chi-X's technology platform was a tremendous industry-wide effort and we thank our customers, vendors, regulators and other market participants for their strong engagement and support over the past year," said Vic Jokovic, Chief Executive Officer, Cboe Australia. "This collaboration was critical in executing a smooth technical and operational migration. With this foundation now in place, we look forward to expanding the products, services and trading solutions we can provide in the Australian market."

Along with this technology migration, Cboe has launched Cboe BIDS Australia, bringing a new and innovative large-in-scale trading offering to the Australian equities market.

The launch of Cboe BIDS Australia is planned to occur in two phases. The first phase, which has now launched in conjunction with the technology migration, involves brokers accessing the BIDS pool through their trading algorithms or via directed orders. The second phase is expected to occur in the coming months and will involve broker-sponsored buy-side access through the BIDS Trader front-end.