Chi-East Trading Platform

LCH.Clearnet Limited will offer clearing services to the Chi-East trading platform across a range of the more liquid Australian and Japanese Equity securities and ETF’s. Subject to Regulatory approval, the service is expected to commence during second quarter 2010.

Chi-East will act as an independent liquidity aggregator for the sell side and offer another execution option in the form of a non-displayed venue, expanding the range of available solutions for conducting block transactions with price improvement. Chi-Tech, the technology subsidiary of Chi-X Global, will provide the technology for the new trading platform.

LCH.Clearnet will offer clearing services to Chi-East through its EquityClear service, whereby Clearing Members will benefit from margin offsets and collateral efficiencies from centralised clearing. Also members will benefit from reduced clearing costs with increased volumes through the member specific incremental tariff.

For further information relating to products and services Chi-East offer please access their website. http://www.chi-east.com