LSEG’s Turquoise partners with M-DAQ to offer cross-currency equity trade settlements
The cooperation looks to reduce operational risks faced by brokers alongside improving efficiencies to equity capital markets.
The cooperation looks to reduce operational risks faced by brokers alongside improving efficiencies to equity capital markets.
Through the US business segment, the Turquoise Lit Order Book will support the trading of US financial instruments during UK trading hours and be cleared through LCH.
The Turquoise on OpenFin data feed will be delivered to FlexTrade via OpenFin’s message bus system as part of the pair’s newly announced collaboration.
CEO of LSEG’s Turquoise, Robert Barnes, tells The TRADE that since its partnership with Plato, Turquoise Plato clients have traded more than €1.1 trillion in equities.
New head of liquidity strategy for Asia Pacific previously worked at HKEX and spent almost a decade at the London Stock Exchange Group’s Turquoise.
The partnership will see Appital and Turquoise expand the liquidity opportunities and efficiencies available to mutual buy-side clients.
As a new member of the London Stock Exchange and its pan-European MTF, Turquoise, StoneX said it can provide a streamlined on-boarding process and offering to all client types.
LSEG’s European trading venue saw lit average daily volumes increase 30% from January to March 2021.
On 4 January 2021 as the Brexit transition period came to an end, €6 billion of trading volumes left London. Annabel Smith examines the impact of this and asks what the future holds for the industry.
As the UK and Switzerland agree stock exchange equivalence, LSEG's Turquoise confirms the relaunch of Swiss securities on the trading venue.