Turquoise - News, Articles & Research

News

Turquoise recruits Detica and Progress to build market surveillance system

Turquoise, the bank-backed equities trading platform that is being set up to compete with the domestic stock exchanges in Europe, is teaming with Nasdaq-listed Progress Software and London-based consultancy Detica to offer a real-time trading surveillance system.

28 January 2008

News

Turquoise chief Lederman to keynote at Finexpo

Eli Lederman, the newly-installed chief executive of bank-backed equities trading venue Turquoise, is among a roster of top-level keynote speakers participating in this year's Finexpo, the capital markets industry's leading technology conference and exhibition, taking place at The Brewery, Chiswell Street, London on 30 January.

11 January 2008

News

Turquoise names Farnham COO; Higgins head, client relationship management

Bank-backed equities trading facility Turquoise has named Adrian Farnham as its chief operating officer (COO) and has appointed Duncan Higgins as head of client relationship management.

17 December 2007

News

Turquoise appoints Yann L'Huillier CTO

Bank-backed equities trading facility Turquoise has named Yann L'Huillier - currently chief information officer at the Boston Stock Exchange (BSE) - as chief technology officer (CTO) of the venture.

13 November 2007

News

EuroCCP names Citi's Diana Chan CEO; Merrill's Trevor Spanner COO

EuroCCP - the DTCC clearing and settlement subsidiary that will provide services to Project Turquoise - has named Citi's Diana Chan as its new CEO and Trevor Spanner from Merrill Lynch as COO.

01 November 2007

News

Alpha consortium selects Cinnober trading technology

Following its high-profile contract win with the Turquoise consortium last month, Swedish vendor Cinnober Financial Technology is now reporting a deal to provide a platform for the Alpha ATS which is being established by a coalition of Canadian banks.

01 November 2007

News

Turquoise names Cinnober technology provider; hires CEO from Morgan Stanley

Swedish vendor Cinnober Financial Technology has been selected to provide the platform for Turquoise, the bank-backed equities trading facility being set up by seven investment banks to compete with the domestic stock exchanges in Europe. The news comes as Morgan Stanley's Eli Lederman is appointed CEO of the venture.

25 October 2007

News

Plus terminates talks with Turquoise

Talks between UK trading platform Plus Markets and bank-backed equities trading platform Project Turquoise have fallen through after the two parties failed to agree on terms for a takeover deal.

19 October 2007

News

Plus share suspension sparks rumours of reverse take-over of Turquoise

UK trading platform Plus Markets is in negotiations about a reverse take-over of Project Turquoise, the investment bank backed challenger to the London Stock Exchange.

08 October 2007

News

Boat gears up for November launch; Turquoise board appointed

Project Boat, the European trade reporting platform that is being established by nine City investment banks, will start reporting two-thirds of the EU's off-exchange share trades when it launches in November.

21 August 2007

News

Turquoise launch delayed

Project Turquoise, the bank-backed equities trading platform that will compete head-to-head with domestic stock exchanges in Europe, will not launch until the second quarter of 2008.

07 August 2007

News

BNP Paribas buys into Turquoise

French banking group BNP Paribas has acquired a three per cent stake in Turquoise, the bank-backed equities trading platform that will compete head-to-head with domestic stock exchanges in Europe.

06 July 2007