The pressure on EuropeâÂÂs largest stock exchanges increased this morning after Turquoise, the trading system backed by nine investment banks, went live and Nasdaq OMX, the transatlantic exchange, announced a plan to launch a London-based listing service.
Turquoise, which has announced a series of soft launches over the last month, went fully live this morning at 07:00 GMT, offering customers the ability to trade 1200 stocks in 13 European markets.