Italy Blocks Turquoise

Borsa Italiana's settlement provider has said that it won't co operate with Turquoise's efforts to enter the Italian market, the Financial Times reports. Monte Titoli, Borsa Italiana's settlement provider, would "not allocate resources" to co operate with Euro CCP, Turquoises

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Borsa Italiana’s settlement provider has said that it won’t co-operate with Turquoise’s efforts to enter the Italian market, the Financial Times reports.

Monte Titoli, Borsa Italiana’s settlement provider, would “not allocate resources” to co-operate with Euro CCP, Turquoises clearing and settlement provider, according to Eli Lederman, Turquoise CEO.

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