Parties which have expressed an interest in acquiring the equities trading exchange have been sent details on the potential opportunity.
Nasdaq OMX is thought to be among the would-be bidders for the exchange after chief executive Robert Greifeld said in an interview earlier in the year that the organisation would be âa willing recipient of the Chi-X bookâ.
Lexicon Partners and Deutsche Bank have been appointed as advisors to the exchange over a potential sale.
Speculation that a buyer will appear has been fuelled by the firm confirming that it had received an offer from a third party during August of this year.
At the time, John Woodman, chairman of Chi-X Europe, said: âAny future offer must be examined and assessed to ensure that it fully values the company and also we must take into consideration the strategic interests of shareholders/stakeholders.â
He added that the âinterest in Chi-X Europe is a result of our track record in becoming a major European exchange over the last three years and our move into profitability in 2010â.
By Jim Ottewill