Turquoise Plato Block Discovery™

Turquoise celebrates two years since the launch of Turquoise Plato Block Discovery™

There is now 2 years of empirical data showcasing a working Large-In-Scale (LIS) mechanism that features:

  • Higher average trade size: over €260,000 (over 25 times more than industry dark pool average)
  • High firm up rates: 96% of Block Indication matches are followed by submission of a valid firm order
  • Low reversion: <10% of executions in Turquoise Plato Uncrossare followed by a reference price change within 1 sec, comparing favourably with 50% in continuous non-displayed order books

We are pleased to announce that there has been over €5.6bn traded on Turquoise Plato Block Discovery™ since launch*, of which €1.5 bn since 1 September 2016 (*data as of 18 October 2016)

 
List of Member firms offering access to Turquoise Plato Block Discovery™