News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Rivals raise stakes in exchange challenge

Two rival share trading systems backed by the world’s largest investment banks have taken vital steps in their efforts to challenge Europe’s main stock exchanges, which they claim are too expensive.

Turquoise, the trading platform backed by nine banks, has signed an agreement with two specialist technology vendors to provide market surveillance systems to the company when it launches at the end of this year.

WSJ Logo