QuantHouse to Extend Turquoise European Midpoint Matching Services
Market data and services provider to extend Turquoise Plato platform for midpoint matching services throughout Europe.
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.
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