Market data and trading solution provider QuantHouse has been selected by Turquoise, the London Stock Exchange-owned European multilateral trading facility (MTF), to provide real-time primary market data feeds to its Turquoise Plato midpoint matching services.
QuantHouse’s primary market data feeds will extend the Turquoise Plato midpoint matching services, including the Turquoise Plato Block Discovery service, to cover securities of 18 European countries, inclusive of recently-added emerging markets such as Hungary and the Czech Republic.
“QuantHouse provides bid and offer prices from primary markets, which Turquoise references within its Turquoise Plato order book innovations such as Turquoise Plato Block Discovery, Turquoise Plato Uncross, and Turquoise Plato Dark Lit Sweep that offer investors benefits of potential price improvement when trading using a midpoint reference price for a better result on a consistent basis, the very definition of Mifid best execution,” says Robert Barnes, CEO of Turquoise.
Turquoise and Plato Partnership joined forces in September last year, when Plato took on responsibility to jointly-operate Turquoise’s platforms, as well as its mid-point order book.
Anthony and James look news pertaining to cryptocurriences and blockchain deployments, as well as AI and cloud.Subscribe to Weekly Wrap emails
- In Praise of Perseverance: Laura Barrowman, Credit Suisse
- Brexit's Unintended Consequences Could Include Mifid III
- Wavelength Podcast Episode 145: CSDs Consider Crypto; Bank Robberies & AI; DTCC's Blockchain
- Alt-Data Difficulties Challenge Largest Asset Managers
- Custody Seen as Crypto's Next Major Battleground