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Saturday, February 28, 2009

Chi-X Europe CEO to step down

Peter Randall has decided to step down as CEO of pan-European multilateral trading facility (MTF) Chi-X Europe for personal reasons. The company plans to announce a successor in the next few weeks, although it is unclear whether the company is searching internally or externally for Randall’s replacement.

TheTRADEnews.com understands that Randall, who has been involved in Chi-X Europe from its inception in 2005 and played an instrumental role in building and promoting the platform, now wants to take a step back to spend more time with his family. Discussions have taken place with the intention of Randall continuing to support the MTF, most likely in an advisory role.

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