Tora Targets Best Execution with AI-Powered Algo Picker

AlgoWheel will use machine learning to determine best method of execution.

picker-ai
Getty Images

The platform takes information from Tora’s existing post-trade transaction-cost analysis (TCA) tool, feeding it into its new pre-trade TCA engine. From there, it uses artificial intelligence (AI) functionality built into the system to evaluate the appropriate method of execution using similar historical activity as a benchmark.

“We have a dataset of historical transactions that Tora collects and processes via the execution management system functionality that we have, then we have a TCA engine

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

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 individual account here: