Agency broker Neonet will provide access to Turquoise’s dark block trading service, Turquoise Block Discovery, from its go-live date on October 20.
The Turquoise Block Discovery service will enhance the trading of larger block orders within the Turquoise Midpoint Dark Book by matching block indications. If a potential match is found, the Block Discovery service will send an order submission request to both sides of the trade.
"At Neonet, we closely follow the evolution of the European trading landscape in order to offer our clients the best access to relevant liquidity," says Tim Wildenberg, CEO at Neonet. "We are very pleased to be announcing our access to Turquoise Block Discovery. It brings a fresh solution to the demands of the buy side and sits nicely with Neonet's transparent and unconflicted execution offering."
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