LSEG’s Turquoise Partners with LeveL Markets to Introduce Manual Conditional Order Type for Block Trading
London Stock Exchange Group (LSEG) has unveiled a strategic collaboration between its Turquoise platform and US-based LeveL Markets, operator of the Luminex trading venue. The partnership introduces a Manual Conditional Order Type designed for institutional block trading, accessible via Luminex’s GUI and connected to Turquoise’s Plato Block Discovery service.
The innovation combines Turquoise’s pan-European execution capabilities with Luminex’s buy-side network, offering traders precise control over large orders while minimizing market impact. This development signals growing institutional demand for sophisticated trading tools in equity markets—a trend that often precedes similar advancements in crypto asset markets.