Turquoise selects surveillance technology

Stock trading venue Turquoise has chosen a combination of Progress Software and Detica to provide its business critical real-time market surveillance system.

Download this free guide

Enhancing digital customer engagement with CRM

Learn about customer relationship management has evolved towards engaging with customers through every channel, with digital at the forefront.

Start Download

• Corporate E-mail Address:

  You forgot to provide an Email Address.

  This email address doesn’t appear to be valid.

  This email address is already registered. Please login.

  You have exceeded the maximum character limit.

  Please provide a Corporate E-mail Address.

By submitting my Email address I confirm that I have read and accepted the Terms of Use and Declaration of Consent.

By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.

You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

Turquoise, which was set up by leading investments banks, is building its technology platform in readiness to go live as an exchange in September.

Turquoise chose Cinnober to provide its core trading platform provider in October

It was set up to take advantage of the Markets in Financial Instruments Directive (MiFID), which removes the "concentration rule" across Europe, which states that trades should go through local exchanges.

Eli Lederman, chief executive of Turquoise said, "Market surveillance is a vital requirement for any stock exchange. By choosing the Apama platform and deploying Detica's expertise, we also gain a very flexible system. This will allow us to add value to the market data we collect and offer further client services, such as detailed analysis of transactions and a better understanding of price improvement and performance."