Turquoise
Turquoise is a pan-European multilateral trading facility (MTF) that integrates dark and transparent pools of liquidity to generate price improvement, transparency and efficiency.
Turquoise was founded by nine leading investment banks: BNP Paribas, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Merrill Lynch, Morgan Stanley, Société Généralé and UBS. On February 18, 2010 the London Stock Exchange Group (LSEG) acquired a majority stake in Turquoise.
Cinnober supplied the Turquoise low latency, high throughput trading platform based on the TRADExpress Trading System until October 1, 2010. After that Turquoise migrated its trading to the LSEG IT platform.
