The Plato Partnership – a new trading venue backed by investment banks and fund managers – is the topic on everyone's mind in Europe's trading industry.

Supported by Goldman Sachs, Citigroup, Barclays, JP Morgan, Morgan Stanley, and UBS, as well as buyside firms Deutsche Asset & Wealth Management and Norges Bank Investment Management, Plato plans to launch a not-for-profit trading venue focused on large-sized trades.