Turquoise Plato Block Discovery™

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

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

  • Higher average trade size: over €298,000 (almost 30 times the 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 Uncross™ are 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 €15.9bn traded on Turquoise Plato Block Discovery™ since launch*, of which €11.8bn has been traded since 1 September 2016. (*data for March 2017)

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