With MiFID II expected to see a surge in block trading activity, Turquoise’s decline in value traded in the first half of this year comes as a surprise.
David Lester, chief strategy officer and dealmaker at the LSE, has departed the LSE after 16 years with the exchange group.
TORA has joined UnaVista partner programme to enable its clients to meet reporting requirements under MiFID II.
Political issues mean future cross-border mergers are less likely to succeed.
LSE’s response to Euronext’s deal with ICE Clear included plans for LCH SA to provide clearing services to Turquoise.
LSE’s MTS BondsPro platform has seen record buy-side activity in 2017.
Information services’ revenues increased 17% in 2016, with growth across data and the FTSE Russell indexes.
LSE’s Turquoise extends QuantHouse data feeds to Turquoise Plato services.
Mega-merger could cost exchange groups a combined £304 million in expenses and fees.
German investigators probe €4.5 million share deal just months before LSE merger announced.