Home » Knowledge Base » Turquoise
Turquoise is an equities trading platform (multilateral trading facility). It was one of the first such platforms in Europe, quickly becoming a leading player in the market. Turquoise offered investors a more efficient and liquid way to trade stocks, which helped improve the overall liquidity of the European equity markets.
Here is a brief overview of Turquoise:
Turquoise was founded in 2008 and was owned by six major investment banks: Barclays, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, and JPMorgan Chase. These banks pooled their resources to create Turquoise, and they continue to be its significant shareholders. The goal was to offer dealing services at half the price of established exchanges.
In 2013, however, the platform was sold to London Stock Exchange (LSE) Group. LSE Group is now the sole owner of Turquoise. Turquoise is an equities trading platform that allows trading both on and off traditional exchanges. It is a hybrid system that combines the best features of traditional exchanges and modern electronic trading systems.
Turquoise Trading Platform’s headquarters is in London, United Kingdom.
They also have a European office in Amsterdam, Netherlands.
Their services span 20 countries; 19 in Europe and 1 in the US.
Turquoise is regulated by the Financial Conduct Authority (FCA) and is a member of the London Stock Exchange (LSE). The firm, based in New York City, NY, and has 20 branches across the United States and Europe, provides 4300 stocks from its 20 locations, including US equities, exchange-traded funds (ETFs), and European rights issues, depository receipts, and shares.
Turquoise offers a wide range of services, including:
Since 2010, the MillenniumIT platform has powered Tradeweb Market Inc., which LSEG owns.
Turquoise provides several advantages for users, including:
Like any stock exchange, there are some risks associated with using Turquoise. These include:
The London Stock Exchange Group owns and manages Tradeweb Market, with approximately 11 to 50 employees.
You can find support for your inquiries on this website: https://www.lseg.com/markets-products-and-services/our-markets/turquoise/contact-us.
You can also call them at their London office at +44 (0) 20 7382 7600.
Or the Amsterdam office at +31 (0) 20 225 5049.
Ziga Breznik
Author
Advertiser Disclosure:
PublicFinanceInternational.org helps traders and investors, from around the world, navigate the complex world of online brokers. We spend thousands of hours a year, both researching and testing brokers, to give you unbiased and extensive reviews. We want to keep this information free for our visitors. To keep the website running, we make money through affiliate commissions and paid advertising, at no additional cost to you. While our partners compensate us for our work, they can not alter our review process, ratings, and recommendations. See the list of our partners.
Trading CFDs on leverage involves significant risk of loss to your capital.
Investing in or trading financial instruments, commodities, or other assets carries a high degree of risk. You should only in trading or investing if you are fully aware of the potential risk of loosing all your deposited money.
All of the information and materials available on PublicFinanceInternational.org is not financial advice and is for general informational purposes only. Any action you take is at your own risk. Nor PublicFinanceInternational or any of our affiliates makes any recommendation or implies any action based on the information we proved to you. We don’t make any solicitation or recommendation to take any action or trade or invest in any financial instrument, asset, or commodity.