The London Stock Exchange Group (LSEG) has agreed to acquire TORA, a U.S.-based trading technology provider, for USD325m. Founded in 2004, TORA has an order and execution management and portfolio management solution for clients trading equities, fixed income, FX, derivatives and digital assets. The addition of digital assets to LSEG’s trading capabilities strengthens its presence in this asset class, at a time when institutional investors are increasing exposure to crypto and other digital assets.
