Tora links trading platform to ConvergEx OMS

Tora, a provider of trading technology to the Asian markets, has integrated its Compass trading platform with Eze OMS, the order management system supplied by US-based agency broker and trading technology provider ConvergEx.
By None

Tora, a provider of trading technology to the Asian markets, has integrated its Compass trading platform with Eze OMS, the order management system supplied by US-based agency broker and trading technology provider ConvergEx.

Using the linkage, Tora Compass clients will be able to sync their orders with the Eze OMS, as well as benefiting from real-time profit and loss and risk management in both systems.

In addition, Eze OMS clients will gain access to Asia-specific trading features and broker connectivity through Tora Compass.

“We are delighted to be working with ConvergEx to bring this new level of interoperability to our mutual clients”, said Oren Blonstein, director of global professional services at Tora, in a statement. “The integration of Tora Compass with Eze OMS will also enable a broader range of buy-side firms to realise the benefits provided by Tora’s expansive offering of execution products.”

“The broad reach of Tora Compass and deep access to liquidity across the key Asian markets provides more options for clients to achieve superior execution,” added Joe Doherty, managing director of ConvergEx’s Eze Castle Software division.

ConvergEx’s Eze OMS uses a real-time open architecture to help traders manage the investment cycle from idea generation to settlement. Tora Compass provides a suite of execution tools, including direct market access and algorithmic trading, as well as connectivity to exchanges and over-the-counter venues in Asia.

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