Neonet, a trading systems provider, is to offer its buy- and sell-side clients trading access to Turquoise, a pan-European multilateral trading facility, when it launches in September.
By adding Turquoise to its offering of over 30 global marketplaces, Neonet says it offers its clients the combination of deep global liquidity across the traditional marketplaces with access to new venues.
”Our integration with European trading platforms represents a central tenet of our launch and ongoing operations post-launch,” said Eli Lederman, CEO of Turquoise, in a statement. “Through Neonet we gain access to important segments of the trading community, and Neonet users will benefit from the full, differentiated functionality of Turquoise.”
This announcement follows Neonet’s recent agreement to provide Turquoise with low-latency, real-time market data from across the European equity markets through Neonet’s XG Market Data offering. Turquoise is targeting a full launch in early September with 1,500 stocks across 14 countries.