Chi-X Europe Announces Record Q1 2010 Trading Statistics achieving a 32 percent increase in turnover

Chi-X Europe had a record day exceeding EUR 10 billion; set a record in March with EUR367.5 billion value traded; reached new market share highs in leading European indices

LONDON – 19 April 2010 – Chi-X® Europe Limited, the largest pan-European equities exchange, today published its trading statistics for the first quarter of 2010. While many of the European stock exchanges experienced challenging trading conditions, Chi-X Europe continues to progress towards its objective of becoming both the largest pan-European equities exchange and the largest overall by value traded. According to the Federation of European Stock Exchanges (FESE), Chi-X Europe was ranked third largest equity exchange by value traded in February 2010.

Chi-X® Europe Overall Trading Statistics – Q1 2010

Q1 Overview (vs. Previous Quarter) Q1 2010 vs. Q1 2009 Number of Trades 59.1 million (+28%) +123% (up from 26.5 million) Share Volume 44.2 billion (+26%) +103% (up from 21.8 billion) Turnover €367.5 billion (+32%) +147% (up from €148.9 billion)

In the first quarter of 2010, trading participants saved in excess of € 40 million in price improvements on Chi-X Europe representing an average basis point price improvement of 1.49bps 1.

Chi-X® Europe Consolidated Market Share

Q1 Overview (vs. Previous Quarter) Q1 2010 vs. Q1 2009 FTSE 100 26.0% (+8%) +70% (up from 15.3%) CAC 40 21.7% (+24%) +75% (up from 12.4%) AEX 25 21.6% (+23%) +53% (up from 14.1%) BEL 20 20.4% (+33%) +267% (up from 5.5%) DAX 30 20.3% (+14%) +81% (up from 11.2%) SMI 20 14.0% (+29%) +249% (up from 4.0%) OMX S 30 12.3% (+16%) +163% (up from 4.7%)

1 Note: Overall basis points price improvement is calculated by comparing the execution price against the market of listing best bid for each sell or best offer for each buy at the point of execution for all aggressive trades executed on Chi-X Europe, and is calculated from the perspective of the aggressive party only.

Chi-X Europe Limited, Quay Level, Commodity Quay, East Smithfield, London E1W 1AZ

Commenting on the trading statistics, Alasdair Haynes, CEO of Chi-X Europe, said, “We are immensely grateful to our trading participants for their ongoing support as we continue to win market share across the leading indices and broaden our customer base. Our continued growth demonstrates the sustainability of our low cost business model. Chi-X Europe is a successful, profitable and well- capitalized business and we look forward to playing a pivotal role as the industry evolves from national to pan-European models like ours.”

Haynes continued, “We believe these results are testimony to market demand for a low cost, efficient, pan-European exchange and demonstrate that we are witnessing a sea change in the way in which equities are traded in Europe. Our goal is to continue to identify ways in which to help our trading participants reduce the frictional cost of trading, to help them reach new pools of liquidity and to improve the overall quality of the market.”

Chi-Delta ® trading statistics

Since its launch in May 2009, Chi-Delta has shown consistent monthly growth. Chi-Delta now regularly ranks as the largest publicly declared non-displayed order book in Europe, representing 29.7% of all reported European dark liquidity by value traded in Q1 2010, according to Thomson Reuters’ Equity Market Share Reporter (EMSR).

Chi-Delta® Trading Statistics – Q1 2010

Q1 Overview (vs. Previous Quarter) Number of Trades 1.5 million (+87%) Share Volume 1.9 billion (+35%) Turnover € 11.3 billion (+74%)

Alasdair Haynes added, “Non-displayed liquidity represented around 3% of all trading activity transacted on Chi-X Europe in the last quarter, participants trading on Chi-Delta achieved average basis point savings of 5.35bps 2 on each side of the trade.

2 Basis points price improvement for Chi-Delta is calculated by comparing the execution price against the market of listing best bid for each sell or best offer for each buy at the point of execution for all non-displayed trades executed on Chi-X Europe, and is calculated from the perspective of one party to the trade.

Chi-X Europe Limited, Quay Level, Commodity Quay, East Smithfield, London E1W 1AZ

Trading Highlights – Q1 2010

Index Consolidated Market Share Date FTSE 100 – British 29.13% 08 Feb 2010 BEL 20 - Belgian 25.74% 22 Feb 2010 AEX 25 – Dutch 25.13% 24 Mar 2010 CAC 40 – French 24.50% 24 Mar 2010 DAX 30 – German 23.67% 03 Feb 2010 SBF120 – French 23.28% 24 Mar 2010 FTSE 250 – British 22.16% 01 Feb 2010 CAC Next 20 - French 18.37% 24 Mar 2010 SMI 20 – Swiss 18.25% 12 Mar 2010 MDAX - German 16.97% 24 Mar 2010 OMX H 25 – Finnish 15.90% 29 Mar 2010 OMX S 30 – Swedish 15.30% 25 Feb 2010 AMX 25 – Dutch 13.84% 09 Feb 2010 MIB 40 – Italian 12.27% 05 Mar 2010 OMX S 30 Next – Swedish 12.00% 26 Mar 2010 ATX 20 – Austrian 11.31% 15 Mar 2010 OMX C 20 – Danish 10.63% 10 Mar 2010 SMI MID - Swiss 7.96% 12 Mar 2010 OMX H Mid Cap - Finnish 6.17% 29 Mar 2010 PSI 20 - Portugal 4.61% 30 Mar 2010 OBX 25 – Norwegian 4.49% 29 Mar 2010 IBEX 35 – Spanish 1.43% 02 Mar 2010

Note: Consolidated Market Share is Chi-X Europe on order book consideration as a percentage of combined market of listing, Chi-X Europe, NASDAQ OMX Europe, Turquoise, BATS Europe, NYSE Arca Europe and Burgundy on order book consideration.

Chi-X Europe Limited, Quay Level, Commodity Quay, East Smithfield, London E1W 1AZ

About Chi-X® Europe

Chi-X Europe Limited is an FSA-authorised securities firm operating a multilateral trading facility (MTF) for the trading of more than 1,200 of the most liquid securities across 23 indices and 15 major European markets as well as ETFs (exchange traded funds) and ETCs (exchange traded commodities) in both a visible order book and the Chi-Delta ™ non-displayed order book. Chi-X Europe’s low-cost, streamlined operating model is designed to help trading participants achieve ultra-low execution, clearing and settlement costs, and benchmark tests have shown Chi-X Europe to be significantly faster than Europe’s traditional equity exchanges. Chi-X Europe disseminates real-time market data at no cost to trading participants, and off-exchange trade reporting is available for a low monthly fee. For more information, please visit www.chi-x.com .

Media Contacts

Julia Streets / Sybille Mueller Streets Consulting Ltd. for Chi-X Europe Limited Phone: + 44 20 7959 2235 Email: [email protected] / [email protected]

©2010 Chi-X Europe Limited. All rights reserved. CHI-X is a registered trademark in the UK and Europe. Approved for distribution in Europe by Chi-X Europe Limited, which is authorised and regulated by the Financial Services Authority.

Chi-X Europe Limited, Quay Level, Commodity Quay, East Smithfield, London E1W 1AZ