Turquoise Unveils Pricing, Test Schedule

Although the fee levels have yet to be finalized, the platform expects to charge around £20 or €30 per user per month on a MISU (multiple instance, single user) basis for full market depth of all visible orders on its montage of pan-European order books, and for time and sales data showing price and size of all trades executed-both via a direct feed API and via data vendors.

According to Turquoise chief operating officer Adrian Farnham, the MTF will review the planned fees over the coming ye

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