Liquidnet boosts platform with OTAS buy
May 17, 2017

Liquidnet, the global institutional trading network, today announced its acquisition of OTAS Technologies, an analytics platform that delivers actionable market intelligence and context directly to institutional traders and portfolio managers.

Liquidnet says that OTAS's analytics and market insight, combined with its own Virtual High Touch decision-support trading platform, will help enhance the buy-side trader's decision making process and give the trader more control over achieving best execution.

"The biggest challenges we hear from our buy-side members today centre on two things – finding the liquidity they need, and being able to sort through vast amounts of market information to access what's relevant," said Rob Laible, Liquidnet's Global Head of Equity Strategy. "Our goal with this acquisition is to bring OTAS's analytics into the Liquidnet platform and deliver market context directly to the trader at the point of execution."

"The need to fill this void in the trader's toolkit is further underscored by the added best execution requirements under MiFID II (markets in financial instruments directive II)," Laible continued. "We believe that a firm that incorporates OTAS analytics and our VHT platform into their trading strategy will be able to show a process and commitment to consistently achieving best execution for each and every order."





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Liquidnet, the global institutional trading network, today announced its acquisition of OTAS Technologies, an analytics platform that delivers actionable market intelligence and context directly to institutional traders and portfolio managers.

Liquidnet says that OTAS's analytics and market insight, combined with its own Virtual High Touch decision-support trading platform, will help enhance the buy-side trader's decision making process and give the trader more control over achieving best execution.

"The biggest challenges we hear from our buy-side members today centre on two things – finding the liquidity they need, and being able to sort through vast amounts of market information to access what's relevant," said Rob Laible, Liquidnet's Global Head of Equity Strategy. "Our goal with this acquisition is to bring OTAS's analytics into the Liquidnet platform and deliver market context directly to the trader at the point of execution."

"The need to fill this void in the trader's toolkit is further underscored by the added best execution requirements under MiFID II (markets in financial instruments directive II)," Laible continued. "We believe that a firm that incorporates OTAS analytics and our VHT platform into their trading strategy will be able to show a process and commitment to consistently achieving best execution for each and every order."



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