A post relating to this item from Finextra:
09 February, 2009
Quote MTF to enter pan-European trading market
The crowded European market for stock exchange trading will welcome another new liquidity platform in the coming months with the summer launch of Quote MTF, an upstart independent venue operating out of Hungary.
It is actually exciting to find out that a new MTF will soon join the market. I would be interested to learn more about the new venue.
Unfortunately, no detailed information is currently available, and the web site looks as if it’s still under construction. I hope that there will be more information available shortly. On the one hand, we have Smart Pool with a nice site, and Börse Berlin
Equiduct Trading (I am a big fan of their website). On the other hand, LSE Baikal has no web-presence at the moment. Their information is available only in the form of intensive media coverage regarding new appointments.
Anyway, from the standpoint of our business model, it is very nice to see that other firms also find that placing their data centers in London and their trading support in Eastern Europe is an attractive and cost efficient solution.