Turquoise Trading Platform

Page Summary

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. 

Turquoise-Trading-Platform

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.

Disclaimer

eToro is a multi-asset investment platform. The value of your investments may go up or down. Leveraged and speculative product. Not suitable for all investors. You should consider whether you can afford to take the high risk of losing your money. Capital is at risk. 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. Crypto assets are unregulated& highly speculative. No consumer protection. Capital at risk.
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