Turquoise Set to Pick OMX for Trading Platform, Aggregate Dark Liquidity Alongside Public Order Book
At 01 Jul 2007 20:31:13 in ET-Multilateral Trading Facilities, Electronic Trading
With Project Turquoise , the planned equities trading platform being set up by seven investment banks, believed to have selected OMX technology to take on the London Stock Exchange (LSE) in its own backyard, the turf war in equities trading appears to be heating up. Turquoise also received a boost by news as Electronic Trading went to press that BNP Paribas has bought a three per cent stake in the initiative, for an undisclosed amount.
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