London Stock Exchange to buy TORA for $325 million


FILE PHOTO: A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne Plunkett/File Photo

(Reuters) - London Stock Exchange Group agreed to buy cloud-based technology provider TORA for $325 million, the British stock exchange operator said on Tuesday, adding the rapidly growing digital assets class to its trading capabilities.

The potential acquisition of TORA, which supports customers trading multiple asset classes including equities, fixed income and digital assets across global markets, is expected to close in the second half of 2022.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Opinion: Crypto was already in bad odour before jumping into bed with Trump. Now it smells worse
Robots that look 'cute' can influence human decisions, study finds
'Creepy good': AI can now tell your location from obscure photographs
Deepfake me: Are there risks to uploading your face for AI selfies?
Musk's xAI updates Grok chatbot after 'white genocide' comments
AI regulation ban meets opposition from state attorneys general over risks to US consumers
OpenAI to help UAE develop one of world's biggest data centers, Bloomberg News reports
Mike Novogratz's Galaxy Digital debuts on Nasdaq in bumper week for crypto
Verizon ending DEI programs as it seeks US approval for Frontier deal
Tesla to add Chipotle executive Jack Hartung to board

Others Also Read