Exchanges forge links to rivals

NYSE Euronext, the world’s largest stock exchange, and Turquoise, the equity trading company aiming to challenge the dominance of Europe’s main stock markets, are to provide access to rival markets in a bid to boost trading on their systems.

NYSE Euronext said today it had struck agreements with 29 trading companies “comprising the largest collection of non-displayed" or dark liquidity to enable its customers to trade on these alternative US trading systems.

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