Advances in technology and changes in European legislation (MiFID) have enabled us to create an alternative trading platform for Europe.
Our nine founding members, BNP Paribas, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Merrill Lynch, Morgan Stanley, Société Généralé and UBS have invested in Turquoise to give traders freedom to choose among liquidity venues.
Today, Turquoise is an entrepreneurial, independent company that will provide an open, pan-European trading platform treating all participants equally.
Turquoise will have a critical mass of natural liquidity from day one: a venue that every trader will need
to access.
Designed to compete with incumbent exchanges and alternative venues, Turquoise will differentiate on technology, costs and the quality of its services.
Turquoise's sophisticated trading system combines rich functionality with high performance. Its unique market model integrates a dark pool and visible order book, taking advantage of crossing opportunities between the two. With Turquoise, users can expect frequent price improvement for small orders and can trade large orders efficiently while minimising information leakage.
We are listening.
We provide a better place to trade by continually anticipating, responding and adapting to the changing needs of the market.
We're here to level the playing field, to ruffle some feathers, to blow away the cobwebs, to shake up the status quo and to make it possible to trade European shares efficiently.