the London Stock Exchange Group,
the London Stock Exchange Group, but still remained two separate legal and regulatory entities. One of the long-term strategies of the joint company is to expand Borsa Italiana’s efficient clearing services to other European markets. MTSIn 2007, after Borsa Italiana announced its call option exercise right to acquire full control of MBE Holdings, the combined Group would now control Mercato del Titoli di Stato, or MTS. This merger of Borsa Italiana and MTS with LSE's existing bond-listing business, enhanced the range of covered European fixed income markets. TurquoiseThe London Stock Exchange acquired Turquoise (TQ),
a Pan-European MTF,
a Pan-European MTF, in 2009 and since coupling with MillenniumIT’s software, it currently offers the fastest latency bar none in Europe. Currently the speed of latency on Turquoise (as measured at the end of August 2011) is 97 micro seconds on average for 99.9% of trades. Initially founded by a consortium of nine banks, it is now majority owned by the London Stock Exchange Group. Currently shareholders include twelve of the leading Investment Banks.