Turquoise Gives Clearing Provider Choice

Trading platform Turquoise is allowing its customers to choose their clearing provider.

Trading platform Turquoise is allowing its customers to choose their clearing provider, Financial News reports. Customers will be able to clear their equities trades via one of the platform’s four existing clearers, EuroCCP, CC&G, LCH.Clearnet or SIX x-clear. The service, scheduled to be launched in November, is awaiting regulatory approval. Turquoise, which is owned by the London Stock Exchange, is the fourth European trading venue to allow clearing reforms, following Bats Europe, Chi-X Europe and UBS MTF.

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