Turquoise Plato midpoint adds primary market data feeds

LSE’s Turquoise extends QuantHouse data feeds to Turquoise Plato services.

The London Stock Exchange’s Turquoise has extended its QuantHouse real-time primary market data feeds to its Turquoise Plato midpoint matching services.

The addition will see data covered from 18 European countries, including recently added emerging markets Czech Republic and Hungary.

Robert Barnes, chief executive officer at Turquoise, explained QuantHouse provides bid and offer prices from primary markets on Turquoise references within its Turquoise Plato order books.

He added the Turquoise services “offer investors benefits of potential price improvement when trading using a midpoint reference price for a better result on a consistent basis, the very definition of MiFID best execution.”

Stephane Leroy, co-founder and chief revenue officer at QuantHouse, explained the collaboration between both firms extends the ability of midpoint matching to include its QuantFEED for 18 European markets.

In September, Turquoise rebranded its block trading and uncross services under the new name ‘Turquoise Plato’, as part of an agreement with Plato Partnership.

The TRADE spoke with Barnes in November about how the platform has evolved since the rebrand and the effects of MiFID II on trading in Europe.

For the full interview, please click here