TORA set to revamp risk arb trading with new equity pairs FX auto hedge solution
Summary
TORA, provider of the industry’s most advanced front-to-back cloud-based order and execution management system (OEMS), has today announced the release of their new FX auto-hedging function for equity pairs trading. The new functionality will enable superior operational efficiency by helping risk arb traders to easily currency hedge their pairs trading in one completely automated system.” Ovidiu Campean, Global Head of Product at TORA said, “We made the new solution incredibly easy to use. TORA’s cloud-based OEMS was one of the first to launch 13 years ago, and delivers advanced functions for portfolio rebalancing, pre-trade and post-trade TCA to improve execution quality combined with strong post-trade allocations and commission management tools. TORA is the leading global provider of advanced investment management technologies supporting the full trading lifecycle. With headquarters in San Francisco, TORA has over 250 employees across offices in Hong Kong, Jersey, New York, Romania, Singapore, Sydney and Tokyo.