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Chi-X to bring Apple, Google to Australian investors this year

Joyce Moullakis
Joyce MoullakisSenior Reporter

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New Chi-X Australia chief executive Vic Jokovic wants to give Australians a local option to trade big US names, including Apple Inc, by year's end.

Despite a few false starts and a long period of Chi-X seeking out regulatory approvals, Mr Jokovic is planning to have the "transferable custody receipts" (TRaCRs) – which represent stocks from the New York Stock Exchange and NASDAQ – available in 2018.

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Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au

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    Original URL: https://www.afr.com/business/banking-and-finance/chix-to-bring-apple-google-to-australian-investors-this-year-20180530-h10qbg