Tora connects to Instinet's Japanese and Korean platforms

Source: Tora Trading Services

Tora Trading Services, the leading electronic trading platform and liquidity provider for Asia, announced today the availability of direct access via the Tora Trading Platform to global agency broker Instinet's Asian algorithms and three ATS (Alternative Trading System) platforms - JapanCrossing, CBXTM Japan and KoreaCross.

"As unbundling takes hold, traders in Asian markets are increasingly turning to electronic trading platforms that can provide better execution quality results and ultimately translate into superior returns," said Christian Chan, head of electronic trading, Asia, at Instinet. "We are pleased to provide Tora's customers access to our electronic trading tools in Asia."

With the addition of JapanCrossing, CBX Japan and KoreaCross to the TORA Trading Platform, traders can now choose to execute all or part of their orders through each of Instinet's Asian ATS platforms. Additionally, Tora's clients now have access to Instinet's entire suite of algorithms in Asia.

"The TORA Trading Platform is designed to provide the widest variety of execution options and liquidity venues to buy-side firms trading Asia," commented Robert Dykes, CEO of Tora Trading Services. "We are delighted to offer our clients access to Instinet's growing portfolio of ATS venues and custom algorithms, and look forward to broadening and deepening this partnership in the future."

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