Merrill Lynch and Tora Unveil New Platform

hong-kong-dayjpg11
Thunder will be targeted at both firms' Asian buy-side clients.

Bank of America Merrill Lynch and Tora Holdings have announced that they will partner for Thunder, a co-branded trading platform.

The broker-neutral software will become Merrill Lynch's preferred execution management system for its buy-side clients in Asia. It integrates Tora's technology with Merrill Lynch's prime brokerage and trading systems, creating a front-to-back office solution. Thunder will also provide clients with access to the investment bank's full suite of trading software, including its algorithmic suite and TCA reporting functionality, among other areas.

"Tora is dedicated to offering a superior multi-broker platform which addresses the unique challenges of the buy side in Asia," says Robert Dykes, CEO at Tora. "We are pleased to be working with Bank of America Merrill Lynch to create distribution opportunities for their execution and prime brokerage businesses as well as enhancing the trader's experience by providing a fully integrated trading solution. The partnership is testament to Tora's ability to deliver industry leading technology and trading solutions to clients in the brokerage industry."

  • LinkedIn  
  • Save this article
  • Print this page  

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: