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.