The Turquoise trading platform is a multilateral trading facility that allows trades to take place on and off exchanges. Nine investment banks created it in 2008. The goal was to offer dealing services 50% cheaper than other exchanges. Deutsche Bank, Goldman Sachs, and Morgan Stanley were among the banks that created Turquoise. They chose Cinnober as its trading platform and EuroCCP to provide clearing services. Turquoise has a built-in surveillance system that scans for market irregularities.
The London Stock Exchange Group acquired 60% of the trading platform in 2009. A year later Turquoise switched to the MillenniumIT platform. Technical problems caused the system to stop working for 2 hours. In 2011 Turquoise added options and futures derivatives trading through Sola Trading, their new derivatives platform. The trading platform has won prizes like the Most Innovative Trading Service and the Best New Derivatives Trading Platform/Service by the Financial News Awards in 2011 and 2015.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.