Tora Adds Markit TCA to Compass

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Tora has a wide presence in Asia, including Singapore, Australia, Japan and Hong Kong.

Users will now be able to use Markit's TCA for pre-trade and post-trade analytics, allowing for impact projection as well as further analysis after execution.

"The integration of Markit's TCA tools with Tora's trading solutions will help investors by providing them with greater insight for their trading decisions," says Brad Hunt, managing director and head of information, Asia-Pacific at Markit. "Markit's high quality pre- and post-trade analytics, combined with Tora's state-of-the-art trading and portfolio management technology, will help customers reduce trading costs and cumulative price impact as well as manage execution quality."

Markit recently reached a similar agreement in Asia-Pacific with Iress.

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