Turquoise announced a pricing promotion for all NYSE-Euronext European stocks traded on its integrated order book.
The promotion, which will take effect on March 1, will reduce the fee for aggressive trading in all NYSE-Euronext European instruments on Turquoise from 0.3 basis points to 0.25 basis points.
Natan Tiefenbrun, Commercial Director of Turquoise, said: “Following recent market changes, and in response to client feedback, we have reduced our take-fee for all Euronext stocks traded on Turquoise. Our members are already benefiting from our improved, faster trading platform, with significantly higher fill-rates for aggressive orders, which in turn has encouraged more passive flow to our book.”
The pricing promotion is expected to last for six months.
D.C.