| Type | Multilateral trading facility |
|---|---|
| Location | London, United Kingdom |
| Founded | 2008 |
| Owner | London Stock Exchange Group |
| Website | http://www.tradeturquoise.com/ |
Turquoise is an equities trading platform (multilateral trading facility or MTF), created by nine major investment banks in 2008. The aim was to provide dealing services at a 50% discount to traditional exchanges.[1] It is a hybrid system that allows trading both on and off traditional exchanges.[2] The system was advertised as a "pan-European platform based in London".[1]