LSEG’s Turquoise and LeveL Markets partner
24 April 2025 UK
Image: stock.adobe.com/Dmitry Naumov
LSEG’s pan-European trading platform Turquoise and US-based trading marketplace LeveL Markets have partnered.
Turquoise will offer a new block manual conditional order type to the buy side, as well as nominated broker members, using Turquoise’s Luminex platform.
The manual conditional order type aims to enable trading participants to have greater control over their larger block orders and to seek liquidity with reduced market impact by self-directing orders to Turquoise.
Adam Wood, CEO at Turquoise Global, says: “We are delighted to partner with LeveL Markets to expand our dark trading offering on Turquoise and to launch our new solution for large block trading.
“This further underlines our commitment to providing our members with diverse sources of liquidity and working with the market to deliver increased efficiencies and functionality across our equity trading services.”
Steve Miele, CEO at LeveL Markets, adds: “With the launch of this exciting partnership with Turquoise, we are able to further deliver on our purpose to satisfy the liquidity needs of buy-side firms.
“Through our trading solutions and Turquoise’s new block Manual Conditional Order Type, this collaboration will enable users to source further block liquidity while reducing market impact.”
Turquoise will offer a new block manual conditional order type to the buy side, as well as nominated broker members, using Turquoise’s Luminex platform.
The manual conditional order type aims to enable trading participants to have greater control over their larger block orders and to seek liquidity with reduced market impact by self-directing orders to Turquoise.
Adam Wood, CEO at Turquoise Global, says: “We are delighted to partner with LeveL Markets to expand our dark trading offering on Turquoise and to launch our new solution for large block trading.
“This further underlines our commitment to providing our members with diverse sources of liquidity and working with the market to deliver increased efficiencies and functionality across our equity trading services.”
Steve Miele, CEO at LeveL Markets, adds: “With the launch of this exciting partnership with Turquoise, we are able to further deliver on our purpose to satisfy the liquidity needs of buy-side firms.
“Through our trading solutions and Turquoise’s new block Manual Conditional Order Type, this collaboration will enable users to source further block liquidity while reducing market impact.”
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