Infusion of Capital Will Fund International Growth Initiatives

SAN FRANCISCO -- (BUSINESS WIRE) --

Tora Holdings, Asia's leading provider of advanced trading technology and financial services, announced today that The Goldman Sachs Group, Inc. (NYSE:GS), has made a minority investment in the company.

Tora will use the proceeds from the investment to accelerate geographic expansion. This will include further penetration in Asian markets such as Singapore and Australia. Additionally, Tora will focus on greenfield opportunities in Europe.

"Tora is a leader in the development of electronic trading solutions that address the specific challenges and complexities of investing in Asian markets," said Robert Dykes, CEO of Tora. "We are well-positioned for growth given the outlook for regional trading volumes, increased adoption of electronic trading in Asia and -- most importantly -- our strong client service orientation. The investment from Goldman Sachs is a milestone for the company and will allow us to broaden the depth and breadth of our service offering."

FT Partners served as exclusive strategic and financial advisor to Tora.

About Tora Holdings

Tora is Asia's leading provider of advanced trading technology and financial services. Tora's unrivalled solutions span the entire trading process, offering a full suite of trade execution capabilities in markets across Asia, North America and Europe. Tora's high-performance EMS/OMS has been designed from the ground up by traders, and is currently used by traders at hedge funds, long-only funds and sell-side proprietary trading desks. Tora also provides clients with access to its unique liquidity pools including Asia's leading non-displayed matching engine. Tora's dedicated Asia trading desk delivers to buy-side clients unmatched Asia expertise and extensive analytics focused on best execution. Tora's extensive suite of proprietary algorithms (trading and strategy-focused) is fully customizable and broker neutral. Tora has over 175 employees dedicated to Asia, with offices in Tokyo, Hong Kong, Singapore, New York, Los Angeles and San Francisco. Additional information is available at www.tora.com.

Tora Trading Services, TORA and the Tora logo are trademarks or registered trademarks of Tora Holdings, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.

Copyright © 2010. Tora Trading Services. All rights reserved.

CONTACT:

Tora Trading Services
Maryam Aflak, +1-415-546-2266
maflak@toratrading.com