Turquoise and LeveL Markets Partner to Enhance Block Trading Services
Turquoise Global, a pan-European trading venue under the London Stock Exchange Group, has teamed up with LeveL Markets, operator of the US Luminex ATS, to introduce a new order type and unique liquidity solutions. The collaboration aims to merge Turquoise’s electronic block trading expertise with LeveL’s manual execution capabilities.
Starting April, Turquoise will offer a block Manual Conditional order type via Luminex’s interface, targeting buy-side firms and broker members. Adam Wood, Turquoise Global’s chief, emphasized the platform’s first-mover advantage in electronic block trading and its strategic push into manual execution. "We wanted to expand our offering into manual too," Wood noted, highlighting the natural synergy between the two platforms.
