Turquoise prepares for derivatives launch

Adrian Farnham, chief executive of Turquoise, talks to Alexander Campbell

Adrian Farnham

Turquoise, a multilateral equity trading platform majority-owned by the London Stock Exchange (LSE), will begin trading its first equity derivatives product this month, putting it head to head with established derivatives exchanges including Euronext Liffe and Eurex.

Adrian Farnham, recently promoted chief executive of Turquoise, believes there is room for a new entrant in the highly competitive equity derivatives market, and he points to the decision to introduce a maker-taker tariff structure

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