Liquidnet Acquires OTAS for Best Execution Analytics

OTAS analytics will be folded into Liquidnet’s VHT platform to “deliver market context directly to the trader at the point of execution.”

Tom Doris, OTAS Technologies

Founded in 2011, OTAS’ tools provide real-time and historical reports and analytics that can help traders identify intraday moves and generate alerts to support regulatory best execution requirements.

Liquidnet’s VHT trading solution was launched in November 2016. The vendor says the tool is “aimed specifically at supporting the shifting balance of power from the sell side to the buy side.”  VHT comprises real-time data analytics, adaptive learning algorithms, and liquidity search tools.