Thomson Reuters has signed up one of Europe’s largest alternative share trading venues to a new network it claims will help shine a light on the region's fragmented financial markets, as regulators attempt to make dealing in equities more transparent for investors.

The information company today revealed that Bats Europe, one of the new breed of so-called multilateral trading facilities, has become the latest venue to sign up to its nascent information system Elektron, according to a company statement.