turquoise logo
turquoise top divide line
turquoise top divide line
turquoise top divide line
Quick links
Technology
technology title
Millennium IT
Millennium Exchange, technology provided by Millennium IT, a subsidiary of LSEG, offers a low latency, highly efficient trading platform and allows participants connecting to Turquoise, to access other LSEG markets with little incremental cost or effort.

All the specifications, including the Rule Book and the Trading Service Description, can be found under the relevant section of our document library here.

For more information on Millennium IT click here.

Turquoise Performance
The latest order entry latency statistics for Turquoise on the Millennium Exchange platform are as follows
Order Entry via Native API Order Entry via FIX5 API
Native Order LatencyLatency
Average for all orders107 µs
99% of all orders within249 µs
99.5% of all orders within269 µs
99.9% of all orders within497 µs
FIX 5 Order LatencyLatency
Average for all orders171 µs
99% of all orders within195µs
99.5% of all orders within240 µs
99.9% of all orders within340 µs
Latency is measured as follows for order entry:

  • the time it takes to accept, process, and acknowledge or fill a Participant order
  • the complete round trip from firewall to Native/FIX gateway to matching engine and back
  • measured from outside the Turquoise firewall
  • measured during the entire day, including open and close
Protocols
— Native API
— FIX 5.0 SP2
— FIX 4.2/4.4/TQ Lens
— ITCH proprietary interface via UDP multicast
Connectivity
— Participants will be able to connect to Turquoise via their London Stock Exchange proprietary Extranex network, hosting or VPN connectivity.
— Turquoise also supports 3rd party leased-line connectivity.
— Turquoise Hosting is available at the London Stock Exchange Primary Data Centre.
— Co-location within the data-centres of LSEG is also available, with cross-connect facilities to the Turquoise platform.
— More information on connectivity options can be found on the LSE website here.

turquoise top bottom line
©2013 Turquoise.  Disclaimer | Privacy Policy | Trademarks | Complaints | Intellectual property rights