Turquoise in the news

Recent Turquoise articles:



“The rise of an MTF”, Best Execution 10th Anniversary, October 2018
https://www.bestexecution.net/best-execution-10th-anniversary-robert-barnes-on-turquoise/

"Turquoise" The Parliamentary Review 2018 [Finance] Highlighting Best Practice, October 2018
https://www.lseg.com/sites/default/files/content/documents/Robert%20Barnes%20article%20in%20
The%20Parliamentary%20Review_Highlighting%20Best%20Practice_2018.pdf
 
“Order Book Innovation Delivers Midpoint & Block Trading Results” Global Trading, March 2019
https://www.fixglobal.com/home/order-book-innovation-delivers-midpoint-block-trading-results/
 
“Finding Liquidity with Minimal Slippage Costs” Global Trading, May 2019
https://www.fixglobal.com/home/finding-liquidity-with-minimal-slippage-costs/


For more information:


Marketing

Marguerite Laferrrère 
enquiry@tradeturquoise.com

About Turquoise


Turquoise is the European multilateral trading facility majority owned by London Stock Exchange Group in partnership with the user community. With a single connection, members can trade shares, depository receipts, ETFs, and European Rights Issues of 19 European countries with an Open Access model that allows members to choose among 3 interoperable CCPs to clear these trades. Members include banks, brokers, specialist trading firms and retail intermediaries.

Turquoise features two electronic orders book services. Turquoise Lit™ combines simple limit and iceberg orders with Large In Scale hidden orders. Turquoise Midpoint Dark, renamed Turquoise Plato™, prioritizes orders by size and allows users to configure Minimum Execution Size; it features two distinct mechanisms, each executing at the midpoint of the Primary Market Best Bid and Offer: continuous matching and Turquoise Plato Uncross™, an innovation that provides randomised uncrossings during the trading day, ideal for larger and less time sensitive passive orders.

Turquoise Plato Block Discovery™ matches undisclosed Block Indications that execute in Turquoise Plato Uncross™.

Turquoise Plato Dark Lit Sweep™ is an order that interacts firstly with the Turquoise Plato™ order book at the primary midpoint price and then continues to interact with any balance resting in Turquoise Lit™.

Turquoise Plato Lit Auctions™ is an intraday series of periodic random auction uncrossings based on the quality Turquoise Plato Uncross™ mechanism that displays pre-trade the mid price of the Primary Market Best Bid and Offer.

For more information, please visit www.tradeturquoise.com; or follow us on Twitter @tradeturquoise or LinkedIn on Turquoise