Turquoise Europe

The European Venue for European Investors

Opening up a single point of access to all markets

Turquoise Europe [Note1] is a single point of access for a diverse range of market participants, including retail brokers, that simplifies the complexity of cross-border trading. You can trade a variety of blue chip and growth/SMEEEA financial instruments, including shares, depository receipts, ETFs, ETCs, and European rights issues (excluding UK and Swiss securities) across 17 European countries.

Since Turquoise Europe launched in 2020, we’ve been offering European investors world-class technology through our partnership with LSEG (London Stock Exchange Group). We deliver precision timestamping of trades to a single microsecond, Turquoise trading innovations that enable investors to buy and sell, and the midpoint with relevant randomised uncrossings that ensure high-quality executions with low-price reversion after the trade.

Suitable for investors subject or not subject to European share trading obligation, Turquoise Europe is your go-to destination for all orders, large or small. Transact with confidence thanks to our market models that help you consistently achieve the best results – the very definition of best execution.

Understand the markets and our customers better

Our venue complements primary stock exchanges by offering a selection of additional mechanisms for buying and selling financial instruments.

Understanding our customers’ needs, we constantly aim to provide more user-friendly products and more efficient ways of trading new liquidity channels. That’s why market participants can unlock new opportunities to help achieve best execution and do business more efficiently.

Backed by LSEG, a leading global financial markets infrastructure, data and indices group with more than 300 years of experience and heritage, Turquoise Europe is a reliable, long-term partner to the European equities markets.

How Turquoise Europe meets your needs

Trust: Trade with confidence on a European venue backed by LSEG that delivers consistent operational reliability.

Access: Choose from new asset classes through ETPs, stock symbols and geographic markets to manage low returns and growth in mature economies.

Efficiency: Manage implicit costs and enhance your long-term investment returns with our efficient models focused on customer success.

Trading on Turquoise Europe gives you seamless and trusted access to varied investment opportunities.

  • Depth and breadth of liquidity in over 2,500 securities across 17 European countries.
  • Pan-European market data creates greater intelligence and insight plus reduced risk and costs.
  • A diverse trading community, with institutional investors, domestic brokers, specialist trading firms and retail intermediaries of all sizes encouraged to use the platform through our open access approach.
  • Trading innovation means we provide traditional order book mechanisms, such as Turquoise Lit, and add innovations and opportunities that deliver price improvements to help you achieve better best execution at midpoint.
  • Three interoperable CCPs – LCH Ltd, EuroCCP NV, and SIX x-clear.
  • CSD settlement in 17 European countries, with a single international settlement message used across Turquoise and London Stock Exchange.

Access the liquidity you need, how you need it

Turquoise Europe members benefit from our award-winning block trading functionality, with access to one of the leading electronic midpoint block trading dark pools for European securities.

Turquoise Europe is the only alternative venue to offer trading in the Euronext Growth segment. It offers the same full range of innovative execution options available at Turquoise Global Holdings Limited (TGHL or Turquoise), our UK-based venue, across lit and dark pools for limit, iceberg, large in scale, pegged and block orders, enabling you to trade your way and achieve best execution.

Trading on Turquoise Europe gives you access to:

Turquoise Europe members benefit from:

  • Streamlined onboarding
  • Access to all LSEG venues via a single connection
  • Transparent trading fee structure

The Turquoise Europe Rule Book closely mirrors the Turquoise Rule Book (PDF).

Note

[1] Turquoise Global Holdings Europe B.V. (TGHE or Turquoise Europe) – is authorised and regulated by the Autoriteit Financiële Markten (AFM) of the Netherlands as an investment firm based in the Netherlands. Turquoise Europe is a wholly owned subsidiary of Turquoise Global Holdings Limited (TGHL or Turquoise®), which is majority owned by LSEG in partnership with the user community. | Back to Note 1

Contact us

Want to learn more about Turquoise Europe? Complete the form below and a member of our team will be in touch.

  • Tom Stenhouse
    Head of Product, Equities Trading & CEO Turquoise
  • Simon Mason
    Head of New Trading Products, Market Structure & Business Development