Turquoise, a European multilateral trading facility, is launching a service to trade US-listed ETFs during European hours.
The new service offers investors the ability to trade US-listed ETFs, equities and American Depositary Receipts (ADRs) alongside pan-European trading in 19 markets. The range of tradable ETFs includes long and short funds tracking the S&P 500 and Nasdaq 100 indices, S&P industry groups and MSCI country and regional indices. The list of equities includes names such as Citigroup, Apple and Alcoa. The tradable ADRs are based on European names like BP and Vodafone. Trading will commence from 23 April, in US dollars. The service will be free for three months. Turquoise CEO David Lest...
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