Trading systems provider RTS Realtime Systems Group will
provide connectivity to the newEuropean equity tradingvenueTurquoise.
Turquoise is being launched in September. Turquoise is a
multi-lateral trading facility (MTF), established by nine leading
European investment banks as a pan-European, open equity trading
platform on which all participants have equal access.
The nine backers have committed to make markets in Europe's
leading stocks, so that Turquoise will have an immediate critical
mass of natural liquidity from day one.
"RTS is pleased to provide access to a new trading venue that
offers our customers the ability to tap into new trading
opportunities throughout the European equity marketplace," said
Steffen Gemuenden, Co-CEO at RTS.
Eli Lederman, CEO at Turquoise, said, "Turquoise will transform
the European equity marketplace when it starts trading in early
September, and we are pleased that RTS has agreed to be a
participant from the start.
"It is through partners such as RTS that Turquoise will benefit
from access to a further important market segment and swiftly
establish the platform as a real force in European equity
trading.
RTS offers access through its Realtime Trading Desktop (RTD)
portfolio, including its RTD-API's, the RTD front-end trading
system, and RTD Tango, its automated algorithmic trading
system.