Transfer Of Turquoise Derivatives To London Stock Exchange plc

Turquoise Global Holdings Limited has entered into an agreement for the sale of its derivatives business, Turquoise Derivatives, to London Stock Exchange plc, a Recognised Investment Exchange (RIE).

The platform will be renamed London Stock Exchange Derivatives Market, and will operate as part of London Stock Exchange plc’s Regulated Market. Turquoise will continue to operate a pan-European cash equities multilateral trading facility (MTF).

Completion of the transfer, which is subject to certain conditions, including regulatory non-objections, is expected to take place during Q4 2013.

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