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Turquoise Announces Pricing Promotion In Euronext Stocks - Aggressive Trading Fee Reduced To 0.25 Basis Points

Date 04/02/2011

Turquoise today 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.