Venue data

November 2020

New Records:

  • Turquoise Plato Block Discovery™ Record day for Turquoise Plato Block Discovery™ of €1,421.2mn on 9th November 2020 (+16% higher than previous record: €1306mn on 9th March 2020)
  • Turquoise Plato™ Record day for Turquoise Plato™ of €2,459.6mn on 9th November 2020 (+15% higher than previous record: €2133.3mn on 24th June 2016)

Turquoise Plato™ Monthly value traded equalled €24.2bn in November 2020, of which 58% via Turquoise Plato Block Discovery™

Turquoise Plato Block Discovery™ maximum trade sizefor all trades in November 2020 was €17mn

Turquoise Plato Block Discovery™ average trade size for MiFID II ESMA Band 8 and 9 blue chips above LIS was €1.3mn in November 2020

Turquoise Plato Block Discovery™ 
average trade size for all trades in November 2020 was €409.3K

Turquoise Plato Block Discovery™ €388.6bn matchedsince 2014 launch to end-November 2020 of which €384.6bn or 99% traded since September 2016 cooperation announced with Plato Partnership.

Turquoise Plato Lit Auctions™

Industry leading quality of execution evidenced by independent performance analytic firm big xyt

Unique liquidity available 

  • in UK and European symbols
  • in UK AIM Securities 
  • in International Order Book segment, including Shanghai Segment of IOB, e.g. Huatai Securities = the first issuance via Shanghai-London Stock Connect

Effective 13 July 2020, members can use an enhanced Good For Auction (GFA) order-type into Turquoise Plato Lit Auctions™ adding significant workflow benefit. The GFA order will bring frequent batch auctions into more agile, opportunistic and liquidity seeking routing logic, whilst preserving the demonstratable execution quality associated with Turquoise Plato Lit Auctions™ (TRQA MIC). When sent to Turquoise Plato Lit Auctions™, a GFA order will either trigger a new auction event or join a live ongoing auction if it meets with suitable contra-liquidity, if no suitable contra-liquidity is met it will be cancelled immediately back to the sender. Turquoise members, therefore, can use this new GFA order proactively to search for liquidity within Turquoise Plato Lit Auctions™ with absolute minimal latency, and subsequently an improved risk return profile when seeking unique liquidity across the European market landscape. The use of price limits when sending GFA orders further enhances the TRQA proposition as a highly efficient destination in the search for liquidity both at and away from midpoint. All that is required to access this functionality is a simple change in the Time In Force (TIF) from DAY to GFA.

Turquoise Plato Lit Auctions™ euro value traded in November 2020 totalled €1,121mn

Turquoise Plato Lit Auctions™ is truly multilateral in nature, looking at November data, only 0.19% of total activity occurred when the same counterparty was on both sides, both orders were received within 100ms AND the order sizes were the same on both the buy and sell.

Turquoise Plato Trade At Last™ launched on 19th October 2020.

Electronic block trading at midpoint became mainstream via Turquoise in 2020 with Turquoise Plato Block Discovery™ for the 1st time representing more than half (57.6% November 2020 YTD) of all value matched in Turquoise Plato® order book.

Turquoise Europe launched smoothly on 30th November 2020.