US-based Getco, the secretive high-frequency trading firm, has delivered rare insight into its European strategy by revealing it has given its backing to the London Stock Exchange-owned trading venue Turquoise and is ready to "sponsor new entrants".

Getco Europe, the London division of the Chicago-headquartered firm Getco, made a series of disclosures on its strategy during a hearing last month with UK competition authorities on the impact of the proposed tie-up between Bats Global Markets and Chi-X Europe.