* New CEO will help further develop Turquoise’s growing equities platform

* Brings wealth of industry and market expertise to the role

* Robert Barnes expected to take up position in coming weeks

Turquoise, the pan-European MTF, today announces the appointment of Dr Robert Barnes as its new CEO. Dr Barnes has extensive industry experience and market knowledge having formerly been CEO of UBS MTF and a Managing Director, Equities, at UBS. He is a well-regarded industry expert on market structures, having served as Chairman, 2004-2009, of the Securities Trading Committee of the London Investment Banking Association and participated on a wide range of key advisory and policy groups within the financial services sector.

Robert holds a PhD from Cambridge University and a BA from Harvard.

Subject to final FCA approval, Dr Barnes is expected to take up his new role in the coming weeks, replacing current CEO, Natan Tiefenbrun who will be leaving the company.

David Lester, Chairman of Turquoise Holdings, said: “I am delighted to welcome Robert as the new CEO of Turquoise. Robert is a highly regarded senior executive, with extensive industry and market experience and expertise. His skills and knowledge will be of immense value to Turquoise and to the wider Group. I very much look forward to working with him as we continue to grow and develop the Turquoise business.

I would also like to thank Natan for his contribution to the business’ development in recent years and wish him well for the future.

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