IS Investment, the Turkish investment bank, has launched the first DMA platform for access to TurkDEX, the Turkish derivatives exchange.

Member brokers of Turquoise, the pan-European multilateral trading facility that started trading of all its stocks and markets last week, have been steadily increasing their use of the platform over the past week. But some are still exercising caution about posting orders in its dark pool.

BNY ConvergEx Group, an agency brokerage and investment technology solutions provider, has entered into a strategic alliance with Thomson Reuters, the financial information provider.