Turquoise Preps Data Plans, Mulls FAST

Turquoise is also defining the commercial model for licensing and distribution of its quote and trade data. Currently, the MTF plans to offer Gold, Silver and Bronze packages of data, distinguished by different levels of market depth and of delays in data transmission.

Newly appointed chief technology officer Yann L'Huillier, who recently joined Turquoise after leaving his role as chief information officer at the Boston Stock Exchange, says the trading venue is now starting to initiate discus