Buy-side clients of Tora Compass, an electronic trading platform for Asia, are now able to gain direct access to Merrill Lynch’s liquidity pool MLXN. The pool recently added access to liquidity for Hong Kong and Japan, and offers complete anonymity and full automation.
Mark Wheatley, managing director at Merrill Lynch said, “Typically, trades that execute in MLXN benefit from the tighter spreads that enable price improvement from the underlying exchange, quicker execution, and minimised market impact – benefits that can now be enjoyed by all Tora Compass clients.”
Tora Compass is a multi-broker, multi-product trading platform with electronic access to over 75 global and regional brokers, 24 markets in 14 countries, over 10 off-exchange liquidity venues and more than 150 algorithmic trading strategies.