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LSEG TORA

Cloud-based multi-asset front-to-back trading solution supporting global equities, fixed income, FX, derivatives and digital assets.

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Overview

LSEG TORA is a cloud-based multi-asset, cross-region front-to-back end trading solution designed for buy-side customers. It supports trading across global equities, fixed income, FX, derivatives, and digital assets, providing a comprehensive order and execution management system (OEMS).

The platform integrates execution management, order management, post-trade reporting, transaction cost analysis, compliance, rebalancing, pairs trading, and stock borrow functionalities in a single interface. It offers access to a broad network of brokers and venues via TORA FIXNet and other FIX networks, with support for basket orders, parent/child orders, and advanced order types.

TORA leverages AWS cloud technology for flexible deployment and includes features such as a powerful alerts engine, integrated charting tools, and APIs (Websocket and FIX) for systematic trading. It also supports integrations with prime brokers, fund administrators, trade matching providers, and regulatory reporting mechanisms.

Key Features

  • + Multi-asset execution management across equities, FX, derivatives, fixed income, and digital assets
  • + Order management with allocations, commission management, and real-time P&L monitoring
  • + Post-trade functions including trade matching, block formation, and regulatory reporting
  • + Transaction cost analysis and compliance monitoring
  • + Pairs trading and stock borrow capabilities
  • + Access to broker algos and FIX network connectivity
  • + Integrated charting and visualization tools
  • + APIs for systematic trading (Websocket and FIX)

Integrations

TORA FIXNetMajor FIX networksPrime broker platformsFund administrator platformsTrade matching providersEuropean Approved Reporting Mechanism (ARM)ChartIQ
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