Turquoise Data to Mirror Boat

The Swedish technology vendor will provide Turquoise with a customised version of its TRADExpress trading platform by the second quarter of 2008.

Cinnober chief executive Jan Arpi says that although details of the platform’s data distribution architecture have yet to be finalized, he believes Turquoise’s data “will be similar to Boat,” for which the vendor also provides technology.

Both are likely to offer pre- and post-trade data on pan-European equities, but since Turquoise will operate as

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