Turquoise

87 results about this entity

Period: 22 Jan 2007 - 13 Apr 2023

LSE hints at foul play over Turquoise outage; Sets migration delayed

The London Stock Exchange says human error, possibly in "suspicious circumstances" was at fault for an outage on its Turquoise trading platform this morning, raising the spectre of foul play.

Turquoise trading delayed by MillenniumIT migration

Trading on Turquoise was delayed by around an hour this morning by technical problems, the day after the LSE-owned platform was migrated to a new technology system.

Turquoise to make 'big bang' migration from Cinnober to Millennium technology

The London Stock Exchange is planning a 'big bang' migration of the core Turquoise trading platform from Cinnober technology to the new Millennium Exchange trading system later this summer.

Turquoise and Nyse Arca Europe to offer US equity trading

Nyse Euronext and the London Stock Exchange are battling to become the first bourses to begin offering customers trading in US equities during European hours.

Turquoise CIO L'Huillier joins Compagnie Financière Tradition

Former Turquoise chief information officer Yann L'Huillier has taken up the same role at Swiss broker Compagnie Financière Tradition.

Turquoise confirms management line up

The new management team at Turquoise has been confirmed, with CEO David Lester joined by Baikal head of technology Mark Ryland.

Lester pushes aside Lederman and Wilson to take Baikal/Turquoise hot seat

The London Stock Exchange has completed the acquisition of Turquoise Trading and installed former LSE CIO David Lester as chief executive, ahead of Turquoise incumbent Eli Lederman and Baikal CEO John Wilson.

LSE to take control of Turquoise

The London Stock Exchange is to take majority control of Turquoise and merge it with its own dark pool Baikal under a deal agreed with the rival MTF's investment bank owners.

LSE closes on joint venture deal with Turquoise owners - Bloomberg

The London Stock Exchange is close to agreeing a deal that would give it a 60% stake in a joint venture company combining its Baikal dark pool with investment-bank owned Turquoise MTF, according to Bloomberg.

LSE introduces hidden orders; delays Baikal

The London Stock Exchange is to start letting traders place hidden orders in a bid to ward off competition from dark pools. Separately, press reports claim the bourse is delaying the launch of its own dark pool, Baikal, while it continues deal talks with rival platform Turquoise.

Deutsche Börse begins pan-European blue chip trading

Deutsche Börse has launched a pan-European market, based on its Xetra electronic trading platform, as it looks to take on the raft of new competitors to have emerged in the wake of MiFID.

LCH.Clearnet suspends interoperability work as watchdogs probe risks

LCH.Clearnet has suspended plans to begin offering clearing services across a range of execution venues next week due to regulatory concerns about systemic weaknesses in clearing house interoperability arrangements.

As dark pool debate rages, Credit Suisse Crossfinder records best ever day

Despite growing scrutiny from regulators, the popularity of dark pools shows no signs of abating in the US, with Credit Suisse's Crossfinder ATS recording its strongest ever day this week, claiming half a billion shares traded.

LSE in talks to buy Turquoise

The London Stock Exchange says it has entered into exclusive talks with pan-European equity trading platform Turquoise about a possible transaction.

Turquoise looks for buyer

Turquoise, the pan-European equity trading platform backed by nine investment banks, has begun looking for a buyer, sending out sales notices to as many as 18 potential bidders, according to Bloomberg.

European exchanges and clearers lay down interoperability guidelines

Trading and clearing venues across Europe have agreed a set of standards to cover the electronic exchange of trade information between competing market infrastructures.

Turquoise suspends trading after system outage

A system outage early on Wednesday forced bank-backed equity trading venue Turquoise to suspend trading until midday.

Turquoise to seek more funding from backers

Consortium-backed European trading venue Turquoise is to tap its investors for a third round of funding as it vows to turn a profit by early next year.

Turquoise to launch liquidity aggregation service

Bank-backed equity trading venue Turquoise is set to launch a liquidity aggregation and order routing service after getting the go-ahead from the Financial Services Authority (FSA).

LCH.Clearnet agrees competitive clearing deals

Just days after revealing swinging price cuts, LCH.Clearnet has stepped up the pressure on rivals by agreeing new competitive clearing offerings for European MTFs Bats Europe, Chi-X, Turquoise and Nyse Arca Europe.