Existing CHX Participants
CHX Participants who have obtained a Trading Permit may operate in any of the following roles:
- Institutional Brokers. Institutional brokers buy and sell orders on behalf of outside investors and institutions.
- Order-Sending Firms. These firms may (1) receive orders from their customers and route them to the Exchange for execution or (2) send orders on a proprietary basis to the Exchange.
- Market Makers. Market makers provide added depth and liquidity to the issues they trade, making it easier for investors to buy and sell stocks