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11/30/2020, 3:22 PM (Source: TeleTrader)
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LSE's pan-European branch Turquoise goes live

The London Stock Exchange said on Monday that its pan-European branch, Turquoise, opened for trading in Amsterdam.

According to the announcement, this was made in order to avoid possible trading problems regarding the United Kingdom leaving the European Union. Together with one of the world's largest exchange holding companies CBOE and the largest stock exchange Euronext, LSE Group stated it plans to become the biggest pan-European share trading platform.

"Ahead of the UK’s withdrawal from the European Union (EU), Turquoise continues to make all necessary preparations to ensure adequate contingency arrangements are in place. Turquoise has obtained regulatory approval from the Autoriteit Financiële Markten (AFM) in The Netherlands to operate as an MTF (Turquoise Europe)," the official statement said.

Breaking the News / TF