Turquoise Set to Finish MillenniumIT Migration Before LSE

The technology migrations of the LSE and Turquoise are expected to be completed within a few weeks of each other, according to Natan Tiefenbrun, commercial director for Turquoise. "Turquoise today is a reasonable platform, but compared to where the Chi-X and Bats Europe MTFs are right now, it is not fast enough," he says. "The intention is to be faster. We understand what market participants are expecting and we will surprise them."

According to Turquoise officials, the technology migration will

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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