AIM stocks ready to trade on Turquoise

First day of trading saw 21 Turquoise members trade 31 AIM securities.

Turquoise has announced the FTSE AIM UK 50 index is now available to trade on its platform, with 21 members having traded 31 AIM securities in the first day of activity.

The FTSE AIM UK 50 index is made up of the 50 largest stocks on the London Stock Exchange Group’s (LSEG) secondary international growth market.

Turquoise said the expansion came as a result of demand from its customers and reflects a growing need for efficient access to small and mid cap stocks. 

Robert Barnes, CEO at Turquoise, explained the launch provides the firm’s customers with that access and reinforces the LSEG’s Open Access philosophy.

“Investors in AIM 50 securities now have access to the full suite of Turquoise execution channels that are available for UK listed securities on Turquoise, including those in the FTSE 100 and FTSE 250,” he said.

The addition of the AIM securities to Turquoise expands the platform’s existing stocks to 4,300 across 19 European markets.

Head of trading at Liontrust Asset Management, commented Turquoise has established a track record of customer engagement and innovation.

“As a key stakeholder in UK mid and small caps, we are pleased that Turquoise continues to expand its offering by providing a new channel of execution for FTSE AIM UK 50 constituents,” he said.